Congress Wealth Management LLC DE Has $26.52 Million Stock Holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Congress Wealth Management LLC DE increased its holdings in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 9.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 551,338 shares of the company’s stock after acquiring an additional 48,980 shares during the period. Congress Wealth Management LLC DE owned 0.09% of DoubleLine Mortgage ETF worth $26,519,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cobblestone Capital Advisors LLC NY bought a new position in DoubleLine Mortgage ETF during the third quarter worth about $44,017,000. Integrated Wealth Concepts LLC raised its holdings in shares of DoubleLine Mortgage ETF by 8.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 84,731 shares of the company’s stock worth $4,270,000 after buying an additional 6,873 shares in the last quarter. Orion Portfolio Solutions LLC lifted its position in shares of DoubleLine Mortgage ETF by 10.2% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,784 shares of the company’s stock worth $392,000 after buying an additional 722 shares during the period. Hobbs Group Advisors LLC acquired a new stake in DoubleLine Mortgage ETF in the 3rd quarter valued at $2,882,000. Finally, Canandaigua National Trust Co of Florida bought a new stake in DoubleLine Mortgage ETF in the fourth quarter valued at $545,000.

DoubleLine Mortgage ETF Price Performance

Shares of NYSEARCA DMBS opened at $49.00 on Monday. DoubleLine Mortgage ETF has a 52-week low of $47.00 and a 52-week high of $50.71. The business has a fifty day moving average of $48.50 and a two-hundred day moving average of $48.88.

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.