NewEdge Wealth LLC Grows Stock Position in Angel Oak Mortgage-Backed Securities ETF $MBS

NewEdge Wealth LLC increased its holdings in Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) by 5.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,367,603 shares of the company’s stock after purchasing an additional 121,085 shares during the quarter. NewEdge Wealth LLC owned approximately 13.58% of Angel Oak Mortgage-Backed Securities ETF worth $20,702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. bought a new position in Angel Oak Mortgage-Backed Securities ETF in the third quarter worth $197,000. Benjamin Edwards Inc. increased its stake in shares of 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 valued at $545,000 after purchasing an additional 7,177 shares in the last quarter. Embree Financial Group purchased a new position in shares of Angel Oak Mortgage-Backed Securities ETF during the third quarter valued at approximately $657,000. United Asset Strategies Inc. grew its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 6.2% in the 3rd quarter. United Asset Strategies Inc. now owns 99,589 shares of the company’s stock worth $869,000 after buying an additional 5,839 shares during the last quarter. Finally, RFG Advisory LLC raised its stake in Angel Oak Mortgage-Backed Securities ETF by 13.2% during the third 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 during the last quarter.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:MBS opened at $8.82 on Thursday. The business has a fifty day moving average price of $8.77 and a 200-day moving average price of $8.75. Angel Oak Mortgage-Backed Securities ETF has a 1-year low of $8.46 and a 1-year high of $9.16.

Angel Oak Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were given a dividend of $0.0334 per share. The ex-dividend date of this dividend was Friday, January 30th.

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.