Foundations Investment Advisors LLC Has $12.63 Million Stake in DoubleLine Multi-Sector Income ETF $DMX

Foundations Investment Advisors LLC lifted its holdings in shares of DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) by 52.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 249,936 shares of the company’s stock after buying an additional 86,308 shares during the quarter. Foundations Investment Advisors LLC owned about 0.17% of DoubleLine Multi-Sector Income ETF worth $12,627,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of DMX. Jane Street Group LLC acquired a new position in DoubleLine Multi-Sector Income ETF during the first quarter valued at approximately $360,000. JPMorgan Chase & Co. acquired a new position in DoubleLine Multi-Sector Income ETF during the third quarter valued at approximately $756,000. Intrepid Financial Planning Group LLC grew its holdings in DoubleLine Multi-Sector Income ETF by 92.2% during the third quarter. Intrepid Financial Planning Group LLC now owns 15,318 shares of the company’s stock valued at $777,000 after purchasing an additional 7,348 shares during the period. Sanctuary Advisors LLC grew its holdings in DoubleLine Multi-Sector Income ETF by 3.8% during the fourth quarter. Sanctuary Advisors LLC now owns 125,612 shares of the company’s stock valued at $6,346,000 after purchasing an additional 4,638 shares during the period. Finally, Seascape Capital Management grew its holdings in DoubleLine Multi-Sector Income ETF by 21.6% during the fourth quarter. Seascape Capital Management now owns 147,324 shares of the company’s stock valued at $7,443,000 after purchasing an additional 26,216 shares during the period.

DoubleLine Multi-Sector Income ETF Stock Performance

Shares of NYSEARCA DMX opened at $50.22 on Thursday. The firm has a 50 day moving average price of $50.15 and a 200 day moving average price of $50.39. DoubleLine Multi-Sector Income ETF has a 52-week low of $49.75 and a 52-week high of $50.87.

About DoubleLine Multi-Sector Income ETF

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.