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

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBSGet Free Report) announced a dividend on Monday, June 29th, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.0398 per share on Wednesday, July 1st. The ex-dividend date of this dividend is Tuesday, June 30th. This is a 10.7% increase from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.04.

Angel Oak Mortgage-Backed Securities ETF Trading Down 0.7%

Shares of NASDAQ:MBS traded down $0.06 during midday trading on Tuesday, hitting $8.63. 36,469 shares of the stock were exchanged, compared to its average volume of 98,163. Angel Oak Mortgage-Backed Securities ETF has a twelve month low of $8.52 and a twelve month high of $9.16. The company has a 50 day moving average price of $8.65 and a 200-day moving average price of $8.73.

Institutional Trading of Angel Oak Mortgage-Backed Securities ETF

Large investors have recently modified their holdings of the business. Embree Financial Group raised its position in shares of Angel Oak Mortgage-Backed Securities ETF by 103.2% during the 4th quarter. Embree Financial Group now owns 152,912 shares of the company’s stock worth $1,337,000 after purchasing an additional 77,642 shares during the last quarter. Benjamin Edwards Inc. increased its position in Angel Oak Mortgage-Backed Securities ETF by 12.8% during the second quarter. Benjamin Edwards Inc. now owns 63,102 shares of the company’s stock worth $545,000 after buying an additional 7,177 shares in the last quarter. Envestnet Asset Management Inc. purchased a new position in Angel Oak Mortgage-Backed Securities ETF during the third quarter worth $197,000. Royal Bank of Canada acquired a new position in shares of Angel Oak Mortgage-Backed Securities ETF in the first quarter worth $51,000. Finally, Quantinno Capital Management LP acquired a new position in shares of Angel Oak Mortgage-Backed Securities ETF in the first quarter worth $105,000.

Angel Oak Mortgage-Backed Securities ETF Company Profile

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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.

Further Reading

Dividend History for Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS)

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