Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Announces Dividend of $0.04

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) announced a dividend on Tuesday, December 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.0442 per share on Friday, January 2nd. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 35.2% increase from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.03.

Angel Oak Mortgage-Backed Securities ETF Stock Down 0.5%

Shares of Angel Oak Mortgage-Backed Securities ETF stock traded down $0.04 on Wednesday, hitting $8.74. 44,129 shares of the company’s stock traded hands, compared to its average volume of 122,044. The company has a fifty day moving average of $8.78 and a two-hundred day moving average of $8.71. Angel Oak Mortgage-Backed Securities ETF has a one year low of $8.36 and a one year high of $9.07.

Institutional Trading of Angel Oak Mortgage-Backed Securities ETF

Several hedge funds have recently bought and sold shares of MBS. Farther Finance Advisors LLC purchased a new position in Angel Oak Mortgage-Backed Securities ETF in the second quarter worth $35,000. Mattson Financial Services LLC increased its position in shares of Angel Oak Mortgage-Backed Securities ETF by 4.8% during the 2nd quarter. Mattson Financial Services LLC now owns 522,484 shares of the company’s stock valued at $4,512,000 after purchasing an additional 23,870 shares during the last quarter. Gradient Investments LLC raised its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 5.8% during the 2nd quarter. Gradient Investments LLC now owns 4,658,960 shares of the company’s stock worth $40,230,000 after purchasing an additional 254,437 shares during the period. Embree Financial Group purchased a new position in shares of Angel Oak Mortgage-Backed Securities ETF in the 3rd quarter worth about $657,000. Finally, CW Advisors LLC boosted its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 2.9% in the 2nd quarter. CW Advisors LLC now owns 6,786,466 shares of the company’s stock worth $58,601,000 after buying an additional 193,917 shares during the last quarter.

About Angel Oak Mortgage-Backed Securities ETF

The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.