Puff Wealth Management LLC Makes New $3.07 Million Investment in DoubleLine Mortgage ETF $DMBS

Puff Wealth Management LLC purchased a new position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 62,570 shares of the company’s stock, valued at approximately $3,072,000. DoubleLine Mortgage ETF accounts for 3.1% of Puff Wealth Management LLC’s holdings, making the stock its 8th largest position. Puff Wealth Management LLC owned about 0.44% of DoubleLine Mortgage ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Root Financial Partners LLC acquired a new position in shares of DoubleLine Mortgage ETF in the first quarter worth $48,000. Royal Bank of Canada acquired a new stake in shares of DoubleLine Mortgage ETF in the first quarter valued at $51,000. Sound Income Strategies LLC acquired a new stake in shares of DoubleLine Mortgage ETF in the first quarter valued at $101,000. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in shares of DoubleLine Mortgage ETF in the first quarter valued at $203,000. Finally, Flow Traders U.S. LLC purchased a new position in DoubleLine Mortgage ETF in the second quarter valued at $205,000.

DoubleLine Mortgage ETF Price Performance

DMBS opened at $48.35 on Friday. DoubleLine Mortgage ETF has a 12 month low of $48.07 and a 12 month high of $50.54. The business has a fifty day moving average price of $48.72 and a 200 day moving average price of $49.25.

About DoubleLine Mortgage ETF

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.