NewEdge Wealth LLC Boosts Stock Holdings in Angel Oak Mortgage-Backed Securities ETF $MBS

NewEdge Wealth LLC boosted its holdings in shares of Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) by 5.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,367,603 shares of the company’s stock after buying an additional 121,085 shares during the quarter. NewEdge Wealth LLC owned approximately 0.14% of Angel Oak Mortgage-Backed Securities ETF worth $20,702,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. acquired a new position in shares of Angel Oak Mortgage-Backed Securities ETF during the third quarter valued at about $197,000. Benjamin Edwards Inc. increased its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 12.8% in the 2nd quarter. Benjamin Edwards Inc. now owns 63,102 shares of the company’s stock valued at $545,000 after purchasing an additional 7,177 shares in the last quarter. Embree Financial Group acquired a new stake in shares of Angel Oak Mortgage-Backed Securities ETF in the third quarter valued at about $657,000. United Asset Strategies Inc. raised its position in shares of Angel Oak Mortgage-Backed Securities ETF by 6.2% during the 3rd quarter. United Asset Strategies Inc. now owns 99,589 shares of the company’s stock worth $869,000 after purchasing an additional 5,839 shares during the last quarter. Finally, RFG Advisory LLC lifted its stake in Angel Oak Mortgage-Backed Securities ETF by 13.2% in the 3rd quarter. RFG Advisory LLC now owns 117,937 shares of the company’s stock valued at $1,029,000 after buying an additional 13,762 shares in the last quarter.

Angel Oak Mortgage-Backed Securities ETF Price Performance

Shares of Angel Oak Mortgage-Backed Securities ETF stock opened at $8.82 on Thursday. The business has a 50 day simple moving average of $8.77 and a two-hundred day simple moving average of $8.75. Angel Oak Mortgage-Backed Securities ETF has a 12 month low of $8.46 and a 12 month high of $9.16.

Angel Oak Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were paid a $0.0334 dividend. The ex-dividend date of this dividend was Friday, January 30th.

Angel Oak Mortgage-Backed Securities ETF Company 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.