Brown Financial Advisors Increases Stake in Angel Oak Mortgage-Backed Securities ETF (NYSEARCA:MBS)

Brown Financial Advisors grew its holdings in shares of Angel Oak Mortgage-Backed Securities ETF (NYSEARCA:MBS) by 1.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 308,170 shares of the company’s stock after acquiring an additional 3,013 shares during the period. Brown Financial Advisors owned about 0.08% of Angel Oak Mortgage-Backed Securities ETF worth $2,743,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of MBS. Gradient Investments LLC purchased a new position in shares of Angel Oak Mortgage-Backed Securities ETF during the second quarter valued at about $29,160,000. Mattson Financial Services LLC bought a new position in Angel Oak Mortgage-Backed Securities ETF during the second quarter valued at approximately $2,533,000. Patten & Patten Inc. TN bought a new stake in Angel Oak Mortgage-Backed Securities ETF in the 3rd quarter worth approximately $1,200,000. Paladin Wealth LLC purchased a new stake in shares of Angel Oak Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $783,000. Finally, Requisite Capital Management LLC purchased a new stake in shares of Angel Oak Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $368,000.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

Shares of MBS opened at $8.67 on Tuesday. The company’s fifty day moving average is $8.68 and its 200 day moving average is $8.67. Angel Oak Mortgage-Backed Securities ETF has a fifty-two week low of $8.21 and a fifty-two week high of $9.08.

Angel Oak Mortgage-Backed Securities ETF Profile

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.