Transatlantique Private Wealth LLC has acquired a total of 5,314 shares in the DoubleLine Mortgage ETF (NYSEARCA:DMBS) during the second quarter, as disclosed in the firm’s recent Form 13F filing with the Securities and Exchange Commission. The shares are valued at approximately $261,000. This acquisition highlights the increasing interest from institutional investors in this particular exchange-traded fund.
In addition to Transatlantique’s investment, several other significant investors have adjusted their positions in the DoubleLine Mortgage ETF. Notably, Larson Financial Group LLC raised its stake by an impressive 766.3% during the first quarter, now holding 1,386 shares valued at $68,000 after purchasing an additional 1,226 shares in the previous quarter.
RFG Advisory LLC also entered the market, acquiring a new position in DoubleLine Mortgage ETF during the second quarter, valued at approximately $213,000. Meanwhile, SCS Capital Management LLC added a new stake during the first quarter, investing about $258,000 in the fund. Latitude Advisors LLC increased its holdings by 11.2% in the second quarter, bringing its total to 8,293 shares, valued at around $407,000 following the purchase of an additional 838 shares. Lastly, Jane Street Group LLC also established a new position in the first quarter, investing approximately $569,000.
Stock Performance and Fund Overview
The DoubleLine Mortgage ETF’s shares opened at $49.69 on Wednesday, reflecting a slight increase of 0.1%. Over the past year, the fund has experienced a low of $46.84 and a high of $50.21. The 50-day simple moving average stands at $49.79, while the two-hundred day simple moving average is at $49.02.
The DoubleLine ETF Trust, which manages the Mortgage ETF (DMBS), focuses primarily on investment-grade fixed income. The fund comprises an actively managed portfolio of investment-grade residential mortgage-backed securities with no maturity restrictions. Its objective is to outperform the Bloomberg US Mortgage-Backed Securities Index. Launched on March 31, 2023, the fund has quickly attracted attention from a range of institutional investors looking to diversify their portfolios.
For those interested in further insights regarding hedge fund activities related to the DoubleLine Mortgage ETF, they can visit HoldingsChannel.com for the latest 13F filings and insider trades.
In a rapidly changing financial landscape, the increasing involvement of institutional investors in the DoubleLine Mortgage ETF underscores its growing significance as a player in the investment market.
