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

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) declared a dividend on Thursday, July 30th, NASDAQ Dividends reports. Investors of record on Friday, July 31st will be given a dividend of 0.0403 per share on Monday, August 3rd. The ex-dividend date of this dividend is Friday, July 31st. This is a 1.2% increase from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.04.

Angel Oak Mortgage-Backed Securities ETF Trading Down 0.8%

MBS stock traded down $0.07 during midday trading on Friday, reaching $8.49. 94,418 shares of the company’s stock traded hands, compared to its average volume of 89,222. The company has a 50-day moving average price of $8.62 and a two-hundred day moving average price of $8.70. Angel Oak Mortgage-Backed Securities ETF has a 52 week low of $8.48 and a 52 week high of $9.16.

About Angel Oak Mortgage-Backed Securities ETF

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.