DoubleLine Mortgage ETF (NYSEARCA:DMBS) Stock Position Boosted by Paladin Wealth LLC

Paladin Wealth LLC raised its holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 138.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 65,110 shares of the company’s stock after acquiring an additional 37,793 shares during the period. DoubleLine Mortgage ETF makes up approximately 2.7% of Paladin Wealth LLC’s portfolio, making the stock its 5th biggest position. Paladin Wealth LLC’s holdings in DoubleLine Mortgage ETF were worth $3,132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Peterson Financial Group Inc. acquired a new position in DoubleLine Mortgage ETF in the third quarter valued at $129,000. Latitude Advisors LLC purchased a new position in shares of DoubleLine Mortgage ETF in the 3rd quarter worth about $300,000. Orion Portfolio Solutions LLC lifted its stake in shares of DoubleLine Mortgage ETF by 10.2% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,784 shares of the company’s stock valued at $392,000 after purchasing an additional 722 shares in the last quarter. Canandaigua National Trust Co of Florida purchased a new stake in shares of DoubleLine Mortgage ETF during the 4th quarter worth about $545,000. Finally, Maripau Wealth Management LLC increased its position in DoubleLine Mortgage ETF by 32.8% during the 3rd quarter. Maripau Wealth Management LLC now owns 10,809 shares of the company’s stock worth $545,000 after purchasing an additional 2,668 shares in the last quarter.

DoubleLine Mortgage ETF Stock Performance

NYSEARCA DMBS opened at $48.34 on Tuesday. DoubleLine Mortgage ETF has a one year low of $47.00 and a one year high of $50.71. The company’s 50 day moving average price is $48.24 and its 200 day moving average price is $49.09.

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.