AMI Investment Management Inc. Reduces Stock Position in DoubleLine Mortgage ETF $DMBS

AMI Investment Management Inc. cut its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 8.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 171,376 shares of the company’s stock after selling 15,036 shares during the quarter. DoubleLine Mortgage ETF accounts for about 2.0% of AMI Investment Management Inc.’s investment portfolio, making the stock its 13th largest holding. AMI Investment Management Inc. owned 1.59% of DoubleLine Mortgage ETF worth $8,514,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Global Wealth Management Investment Advisory Inc. boosted its holdings in DoubleLine Mortgage ETF by 0.9% in the second quarter. Global Wealth Management Investment Advisory Inc. now owns 58,912 shares of the company’s stock worth $2,891,000 after purchasing an additional 532 shares during the last quarter. Allworth Financial LP bought a new position in shares of DoubleLine Mortgage ETF during the 2nd quarter valued at $36,000. Latitude Advisors LLC lifted its holdings in shares of DoubleLine Mortgage ETF by 11.2% during the 2nd quarter. Latitude Advisors LLC now owns 8,293 shares of the company’s stock valued at $407,000 after buying an additional 838 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co boosted its stake in shares of DoubleLine Mortgage ETF by 0.5% in the 2nd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 169,000 shares of the company’s stock worth $8,293,000 after buying an additional 858 shares during the last quarter. Finally, Waterloo Capital L.P. grew its holdings in shares of DoubleLine Mortgage ETF by 54.7% in the second quarter. Waterloo Capital L.P. now owns 6,556 shares of the company’s stock worth $322,000 after acquiring an additional 2,318 shares during the period.

DoubleLine Mortgage ETF Trading Up 0.0%

DoubleLine Mortgage ETF stock opened at $49.69 on Friday. DoubleLine Mortgage ETF has a one year low of $46.84 and a one year high of $50.21. The stock has a fifty day moving average of $49.80 and a 200 day moving average of $49.39.

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.