Legacy CG LLC Has $13.59 Million Stock Holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Legacy CG LLC boosted its holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 6.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 282,463 shares of the company’s stock after acquiring an additional 16,002 shares during the period. DoubleLine Mortgage ETF accounts for 4.2% of Legacy CG LLC’s holdings, making the stock its 6th biggest position. Legacy CG LLC owned about 4.48% of DoubleLine Mortgage ETF worth $13,586,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Peterson Financial Group Inc. bought a new position in shares of DoubleLine Mortgage ETF in the third quarter valued at about $129,000. Latitude Advisors LLC bought a new position in DoubleLine Mortgage ETF in the 3rd quarter valued at about $300,000. Orion Portfolio Solutions LLC lifted its position 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 during the last quarter. Maripau Wealth Management LLC boosted its holdings in shares of DoubleLine Mortgage ETF by 32.8% during the third quarter. Maripau Wealth Management LLC now owns 10,809 shares of the company’s stock worth $545,000 after acquiring an additional 2,668 shares during the period. Finally, Canandaigua National Trust Co of Florida acquired a new position in shares of DoubleLine Mortgage ETF in the fourth quarter valued at approximately $545,000.

DoubleLine Mortgage ETF Trading Up 0.6 %

Shares of NYSEARCA DMBS opened at $48.52 on Thursday. The business’s 50 day moving average is $48.27 and its 200-day moving average is $49.09. DoubleLine Mortgage ETF has a 1-year low of $47.00 and a 1-year high of $50.71.

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.