Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Raises Dividend to $0.04 Per Share

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) announced a dividend on Monday, June 29th, NASDAQ Dividends reports. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.0398 per share on Wednesday, July 1st. The ex-dividend date 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 Angel Oak Mortgage-Backed Securities ETF stock traded down $0.06 during trading hours on Tuesday, hitting $8.63. The company had a trading volume of 36,469 shares, compared to its average volume of 98,163. The company’s 50-day moving average is $8.65 and its two-hundred day moving average is $8.73. Angel Oak Mortgage-Backed Securities ETF has a twelve month low of $8.52 and a twelve month high of $9.16.

Hedge Funds Weigh In On Angel Oak Mortgage-Backed Securities ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC boosted its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 127.1% in the first quarter. Jane Street Group LLC now owns 163,275 shares of the company’s stock valued at $1,417,000 after acquiring an additional 91,395 shares in the last quarter. Benjamin Edwards Inc. raised its holdings 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 purchasing an additional 7,177 shares in the last quarter. Envestnet Asset Management Inc. acquired a new position in shares of Angel Oak Mortgage-Backed Securities ETF during the 3rd quarter worth $197,000. Embree Financial Group increased its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 103.2% in the 4th quarter. Embree Financial Group now owns 152,912 shares of the company’s stock valued at $1,337,000 after purchasing an additional 77,642 shares in the last quarter. Finally, Altfest L J & Co. Inc. increased its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 3.0% in the 4th quarter. Altfest L J & Co. Inc. now owns 1,688,014 shares of the company’s stock valued at $14,762,000 after purchasing an additional 49,670 shares in the last quarter.

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.