MML Investors Services LLC Has $765,000 Stock Holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

MML Investors Services LLC lowered its position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 60.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,190 shares of the company’s stock after selling 23,386 shares during the quarter. MML Investors Services LLC owned 0.24% of DoubleLine Mortgage ETF worth $765,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DMBS. Peterson Financial Group Inc. acquired a new position in DoubleLine Mortgage ETF during the third quarter worth $129,000. AlphaStar Capital Management LLC bought a new position in shares of DoubleLine Mortgage ETF in the 2nd quarter valued at about $249,000. Latitude Advisors LLC acquired a new stake in shares of DoubleLine Mortgage ETF in the third quarter valued at about $300,000. Orion Portfolio Solutions LLC raised its holdings in DoubleLine Mortgage ETF by 10.2% during the third quarter. Orion Portfolio Solutions LLC now owns 7,784 shares of the company’s stock worth $392,000 after acquiring an additional 722 shares in the last quarter. Finally, Maripau Wealth Management LLC boosted its position in DoubleLine Mortgage ETF by 32.8% during the third quarter. Maripau Wealth Management LLC now owns 10,809 shares of the company’s stock valued at $545,000 after purchasing an additional 2,668 shares during the last quarter.

DoubleLine Mortgage ETF Stock Performance

DMBS stock opened at $48.31 on Friday. DoubleLine Mortgage ETF has a twelve month low of $47.00 and a twelve month high of $50.71. The business has a 50 day moving average price of $48.81 and a two-hundred day moving average price of $49.18.

DoubleLine Mortgage ETF Company Profile

The Doubleline Etf Trust – Mortgage ETF (DMBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade residential mortgage-backed securities of any maturity. The fund seeks to outperform the Bloomberg US Mortgage-Backed Securities Index DMBS was launched on Mar 31, 2023 and is managed by DoubleLine.