Envestnet Asset Management Inc. Sells 1,932 Shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Envestnet Asset Management Inc. decreased its holdings in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 0.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 463,608 shares of the company’s stock after selling 1,932 shares during the period. Envestnet Asset Management Inc. owned about 7.36% of DoubleLine Mortgage ETF worth $22,369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Foundations Investment Advisors LLC bought a new stake in shares of DoubleLine Mortgage ETF during the 2nd quarter valued at $1,168,000. Tortoise Investment Management LLC grew its position in shares of DoubleLine Mortgage ETF by 14.7% during the 2nd quarter. Tortoise Investment Management LLC now owns 289,070 shares of the company’s stock valued at $13,948,000 after acquiring an additional 37,010 shares during the period. SeaBridge Investment Advisors LLC grew its position in shares of DoubleLine Mortgage ETF by 12.6% during the 2nd quarter. SeaBridge Investment Advisors LLC now owns 21,393 shares of the company’s stock valued at $1,032,000 after acquiring an additional 2,391 shares during the period. Farther Finance Advisors LLC grew its position in shares of DoubleLine Mortgage ETF by 14.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 46,692 shares of the company’s stock valued at $2,224,000 after acquiring an additional 5,778 shares during the period. Finally, W.G. Shaheen & Associates DBA Whitney & Co boosted its holdings in DoubleLine Mortgage ETF by 4.4% in the 2nd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 147,391 shares of the company’s stock worth $7,112,000 after buying an additional 6,260 shares during the period.

DoubleLine Mortgage ETF Stock Down 0.1 %

Shares of DoubleLine Mortgage ETF stock opened at $50.53 on Monday. The company has a fifty day moving average of $49.78 and a 200 day moving average of $48.68. DoubleLine Mortgage ETF has a fifty-two week low of $45.27 and a fifty-two week high of $50.71.

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.