DoubleLine Mortgage ETF $DMBS Stock Sold by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co cut its stake in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 97.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,967 shares of the company’s stock after selling 203,167 shares during the quarter. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in DoubleLine Mortgage ETF were worth $230,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Strong Retirement Solutions LLC raised its position in shares of DoubleLine Mortgage ETF by 6.5% in the 3rd quarter. Strong Retirement Solutions LLC now owns 5,936 shares of the company’s stock worth $275,000 after purchasing an additional 360 shares during the last quarter. Argus Investors Counsel Inc. grew its position in DoubleLine Mortgage ETF by 3.8% during the 3rd quarter. Argus Investors Counsel Inc. now owns 10,040 shares of the company’s stock valued at $465,000 after purchasing an additional 366 shares during the last quarter. Milestones Private Investment Advisors LLC grew its position in DoubleLine Mortgage ETF by 2.2% during the 1st quarter. Milestones Private Investment Advisors LLC now owns 32,887 shares of the company’s stock valued at $1,624,000 after purchasing an additional 718 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in DoubleLine Mortgage ETF during the 3rd quarter valued at about $42,000. Finally, Royal Bank of Canada bought a new stake in DoubleLine Mortgage ETF during the 1st quarter valued at about $51,000.

DoubleLine Mortgage ETF Stock Performance

NYSEARCA:DMBS opened at $47.27 on Friday. DoubleLine Mortgage ETF has a fifty-two week low of $45.86 and a fifty-two week high of $50.54. The firm has a 50-day simple moving average of $46.99 and a two-hundred day simple moving average of $48.62.

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.