Transatlantique Private Wealth LLC has acquired a new position in the DoubleLine Mortgage ETF (NYSEARCA:DMBS), purchasing 5,314 shares valued at approximately $261,000. This acquisition was disclosed in the firm’s recent Form 13F filing with the Securities and Exchange Commission for the second quarter.
This move comes amid a broader trend of institutional investors adjusting their stakes in the DoubleLine Mortgage ETF. For instance, during the first quarter, Larson Financial Group LLC significantly increased its holdings by 766.3%, acquiring an additional 1,226 shares to reach a total of 1,386 shares valued at $68,000.
Other notable investments include RFG Advisory LLC, which purchased a new position in the ETF valued at around $213,000, and SCS Capital Management LLC, which also entered the market during the first quarter with a stake valued at approximately $258,000. Furthermore, Latitude Advisors LLC raised its holdings by 11.2% during the second quarter, now owning 8,293 shares valued at $407,000 after buying an additional 838 shares. Lastly, Jane Street Group LLC acquired a new position in the first quarter valued at around $569,000.
Market Performance of the DoubleLine Mortgage ETF
As of Wednesday, shares of the DoubleLine Mortgage ETF opened at $49.69. The ETF has experienced a year marked by fluctuations, with a low of $46.84 and a high of $50.21. Its 50-day simple moving average stands at $49.79, while the 200-day simple moving average is at $49.02.
The DoubleLine Mortgage ETF, managed by DoubleLine, launched on March 31, 2023. It predominantly invests in investment-grade fixed income, focusing on an actively managed portfolio of residential mortgage-backed securities across various maturities. The ETF aims to outperform the Bloomberg US Mortgage-Backed Securities Index.
For those interested in tracking the activity of other hedge funds holding the DoubleLine Mortgage ETF, resources like HoldingsChannel.com provide access to the latest 13F filings and insider trades.
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