DoubleLine Mortgage ETF $DMBS Shares Bought by Vermillion & White Wealth Management Group LLC

Vermillion & White Wealth Management Group LLC grew its holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 19,520.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,944 shares of the company’s stock after acquiring an additional 33,771 shares during the period. DoubleLine Mortgage ETF comprises approximately 1.0% of Vermillion & White Wealth Management Group LLC’s holdings, making the stock its 14th biggest holding. Vermillion & White Wealth Management Group LLC owned about 0.30% of DoubleLine Mortgage ETF worth $1,686,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DMBS. Jane Street Group LLC acquired a new stake in DoubleLine Mortgage ETF in the 1st quarter valued at $569,000. Allworth Financial LP purchased a new position in DoubleLine Mortgage ETF in the second quarter valued at about $36,000. Waterloo Capital L.P. lifted its stake in shares of DoubleLine Mortgage ETF by 54.7% during the second quarter. Waterloo Capital L.P. now owns 6,556 shares of the company’s stock worth $322,000 after purchasing an additional 2,318 shares in the last quarter. Maripau Wealth Management LLC lifted its stake in shares of DoubleLine Mortgage ETF by 32.8% during the second quarter. Maripau Wealth Management LLC now owns 68,223 shares of the company’s stock worth $3,357,000 after purchasing an additional 16,852 shares in the last quarter. Finally, CW Advisors LLC boosted its position in shares of DoubleLine Mortgage ETF by 10.3% in the second quarter. CW Advisors LLC now owns 644,973 shares of the company’s stock worth $31,649,000 after buying an additional 60,480 shares during the period.

DoubleLine Mortgage ETF Trading Up 0.1%

DMBS stock opened at $49.78 on Wednesday. DoubleLine Mortgage ETF has a 1 year low of $46.84 and a 1 year high of $50.54. The stock has a 50-day simple moving average of $49.93 and a 200-day simple moving average of $49.83.

DoubleLine Mortgage ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were issued a $0.2122 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.1%. This is a boost from DoubleLine Mortgage ETF’s previous monthly dividend of $0.21.

DoubleLine Mortgage ETF 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.