Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Trading Up 0.3% – Here’s What Happened

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS)’s stock price rose 0.3% on Tuesday . The company traded as high as $8.67 and last traded at $8.63. Approximately 38,559 shares traded hands during trading, a decline of 65% from the average daily volume of 109,936 shares. The stock had previously closed at $8.60.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

The business has a 50-day simple moving average of $8.69 and a two-hundred day simple moving average of $8.75.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, May 1st. Shareholders of record on Thursday, April 30th were given a dividend of $0.048 per share. This is an increase from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Thursday, April 30th.

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

A number of large investors have recently bought and sold shares of the company. Royal Bank of Canada acquired a new position in Angel Oak Mortgage-Backed Securities ETF during the 1st quarter worth approximately $51,000. Quantinno Capital Management LP acquired a new position in Angel Oak Mortgage-Backed Securities ETF during the 1st quarter worth approximately $105,000. NewEdge Wealth LLC boosted its position in Angel Oak Mortgage-Backed Securities ETF by 7.9% during the 1st quarter. NewEdge Wealth LLC now owns 2,592,750 shares of the company’s stock worth $22,453,000 after acquiring an additional 189,635 shares during the last quarter. RFG Advisory LLC boosted its position in Angel Oak Mortgage-Backed Securities ETF by 5.0% during the 1st quarter. RFG Advisory LLC now owns 135,472 shares of the company’s stock worth $1,173,000 after acquiring an additional 6,393 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position in Angel Oak Mortgage-Backed Securities ETF by 0.8% during the 4th quarter. Osaic Holdings Inc. now owns 7,006,460 shares of the company’s stock worth $61,271,000 after acquiring an additional 52,792 shares during the last quarter.

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.