DoubleLine Mortgage ETF $DMBS Shares Purchased by AMI Investment Management Inc.

AMI Investment Management Inc. boosted its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 39.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 238,206 shares of the company’s stock after buying an additional 66,830 shares during the quarter. DoubleLine Mortgage ETF makes up approximately 2.7% of AMI Investment Management Inc.’s portfolio, making the stock its 10th largest holding. AMI Investment Management Inc. owned approximately 1.76% of DoubleLine Mortgage ETF worth $11,828,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Flow Traders U.S. LLC acquired a new stake in shares of DoubleLine Mortgage ETF in the second quarter worth approximately $205,000. Susquehanna International Group LLP acquired a new position in DoubleLine Mortgage ETF in the 3rd quarter valued at $211,000. Prime Capital Investment Advisors LLC purchased a new position in DoubleLine Mortgage ETF in the 3rd quarter valued at $250,000. Silverlake Wealth Management LLC purchased a new position in DoubleLine Mortgage ETF in the 3rd quarter valued at $346,000. Finally, A4 Wealth Advisors LLC acquired a new stake in DoubleLine Mortgage ETF during the 3rd quarter worth $346,000.

DoubleLine Mortgage ETF Stock Down 0.1%

DoubleLine Mortgage ETF stock opened at $48.89 on Friday. DoubleLine Mortgage ETF has a 52-week low of $46.84 and a 52-week high of $50.54. The company has a fifty day simple moving average of $49.83 and a 200-day simple moving average of $49.81.

DoubleLine Mortgage ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were issued a $0.2122 dividend. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Monday, March 2nd. This is a positive change from DoubleLine Mortgage ETF’s previous monthly dividend of $0.21.

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.