DoubleLine Mortgage ETF (NYSEARCA:DMBS) Stock Holdings Increased by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY lifted its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 3.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 903,759 shares of the company’s stock after acquiring an additional 30,231 shares during the quarter. DoubleLine Mortgage ETF comprises 2.4% of Cobblestone Capital Advisors LLC NY’s portfolio, making the stock its 12th largest holding. Cobblestone Capital Advisors LLC NY owned about 0.14% of DoubleLine Mortgage ETF worth $43,471,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Hobbs Group Advisors LLC acquired a new position in DoubleLine Mortgage ETF in the third quarter worth approximately $2,882,000. Advocacy Wealth Management Services LLC increased its holdings in DoubleLine Mortgage ETF by 1.3% in the third quarter. Advocacy Wealth Management Services LLC now owns 812,207 shares of the company’s stock worth $40,927,000 after buying an additional 10,309 shares during the last quarter. SeaBridge Investment Advisors LLC increased its holdings in DoubleLine Mortgage ETF by 1.2% in the fourth quarter. SeaBridge Investment Advisors LLC now owns 26,890 shares of the company’s stock worth $1,293,000 after buying an additional 331 shares during the last quarter. Canandaigua National Trust Co of Florida acquired a new position in DoubleLine Mortgage ETF in the fourth quarter worth approximately $545,000. Finally, Farther Finance Advisors LLC increased its holdings in DoubleLine Mortgage ETF by 134.3% in the third quarter. Farther Finance Advisors LLC now owns 109,383 shares of the company’s stock worth $5,512,000 after buying an additional 62,691 shares during the last quarter.

DoubleLine Mortgage ETF Stock Performance

NYSEARCA:DMBS opened at $49.27 on Friday. The stock’s 50 day moving average price is $48.20 and its 200 day moving average price is $49.01. DoubleLine Mortgage ETF has a 52 week low of $47.00 and a 52 week high of $50.71.

DoubleLine Mortgage ETF Company 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.