Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Plans Dividend Increase – $0.04 Per Share

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) declared a dividend on Thursday, July 30th, NASDAQ Dividends reports. Shareholders of record on Friday, July 31st will be given a dividend of 0.0403 per share on Monday, August 3rd. The ex-dividend date 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 Stock Performance

Shares of MBS stock traded down $0.07 during trading hours on Friday, hitting $8.49. 94,418 shares of the company were exchanged, compared to its average volume of 89,222. Angel Oak Mortgage-Backed Securities ETF has a fifty-two week low of $8.48 and a fifty-two week high of $9.16. The company has a 50 day simple moving average of $8.62 and a two-hundred day simple moving average of $8.70.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of MBS. Jane Street Group LLC increased its stake in 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 purchasing an additional 91,395 shares in the last quarter. Benjamin Edwards Inc. boosted its position in shares of Angel Oak Mortgage-Backed Securities ETF by 12.8% during the 2nd 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 stake in shares of Angel Oak Mortgage-Backed Securities ETF in the 3rd quarter valued at about $197,000. Altfest L J & Co. Inc. grew its stake 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 buying an additional 49,670 shares during the period. Finally, United Asset Strategies Inc. increased its position in Angel Oak Mortgage-Backed Securities ETF by 45.2% in the 4th quarter. United Asset Strategies Inc. now owns 144,622 shares of the company’s stock valued at $1,265,000 after buying an additional 45,033 shares in 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.