Foundations Investment Advisors LLC Boosts Stake in DoubleLine Multi-Sector Income ETF $DMX

Foundations Investment Advisors LLC increased its holdings in shares of DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) by 21.5% during the third quarter, Holdings Channel.com reports. The fund owned 163,628 shares of the company’s stock after buying an additional 28,998 shares during the period. Foundations Investment Advisors LLC owned about 0.15% of DoubleLine Multi-Sector Income ETF worth $8,297,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Jane Street Group LLC boosted its position in DoubleLine Multi-Sector Income ETF by 31.1% during the second quarter. Jane Street Group LLC now owns 9,480 shares of the company’s stock worth $478,000 after purchasing an additional 2,249 shares in the last quarter. Intrepid Financial Planning Group LLC acquired a new position in shares of DoubleLine Multi-Sector Income ETF during the 2nd quarter worth approximately $402,000. Seascape Capital Management lifted its position in shares of DoubleLine Multi-Sector Income ETF by 37.3% during the 3rd quarter. Seascape Capital Management now owns 121,108 shares of the company’s stock valued at $6,141,000 after buying an additional 32,875 shares in the last quarter. Finally, Hippocratic Financial Advisors LLC lifted its position in shares of DoubleLine Multi-Sector Income ETF by 10.2% during the 3rd quarter. Hippocratic Financial Advisors LLC now owns 477,047 shares of the company’s stock valued at $24,189,000 after buying an additional 44,156 shares in the last quarter.

DoubleLine Multi-Sector Income ETF Price Performance

DoubleLine Multi-Sector Income ETF stock opened at $50.67 on Friday. The company’s fifty day moving average price is $50.57 and its 200 day moving average price is $50.50. DoubleLine Multi-Sector Income ETF has a 1 year low of $48.45 and a 1 year high of $50.87.

DoubleLine Multi-Sector Income ETF Profile

The DoubleLine Multi-Sector Income ETF (DMX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide income and, to a lesser extent, capital appreciation. The fund invests in a broad-based, US bond portfolio of varying credit qualities with intermediate maturities. DMX was launched on Nov 29, 2024 and is issued by DoubleLine.