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

NewEdge Wealth LLC raised its position in Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) by 7.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,592,750 shares of the company’s stock after buying an additional 189,635 shares during the period. NewEdge Wealth LLC owned about 0.15% of Angel Oak Mortgage-Backed Securities ETF worth $22,453,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Jane Street Group LLC raised its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 127.1% during 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 during the last quarter. Benjamin Edwards Inc. boosted its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 12.8% in the second quarter. Benjamin Edwards Inc. now owns 63,102 shares of the company’s stock worth $545,000 after acquiring an additional 7,177 shares during the last quarter. Envestnet Asset Management Inc. purchased a new stake in shares of Angel Oak Mortgage-Backed Securities ETF during the third quarter worth approximately $197,000. Embree Financial Group increased its position in shares of Angel Oak Mortgage-Backed Securities ETF by 103.2% during the fourth 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 in the last quarter. Finally, Altfest L J & Co. Inc. raised its stake in 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 during the last quarter.

Angel Oak Mortgage-Backed Securities ETF Price Performance

NASDAQ MBS opened at $8.57 on Thursday. The business has a fifty day moving average price of $8.62 and a 200 day moving average price of $8.71. Angel Oak Mortgage-Backed Securities ETF has a one year low of $8.52 and a one year high of $9.16.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a $0.0398 dividend. This is a positive change from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.04. The ex-dividend date was Tuesday, June 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.