135,000 Shares in Angel Oak Mortgage-Backed Securities ETF $MBS Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. purchased a new position in shares of Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 135,000 shares of the company’s stock, valued at approximately $1,103,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Royal Bank of Canada purchased a new position in Angel Oak Mortgage-Backed Securities ETF in the 1st quarter valued at approximately $51,000. Quantinno Capital Management LP purchased a new stake in Angel Oak Mortgage-Backed Securities ETF during the first quarter worth $105,000. Citadel Advisors LLC purchased a new stake in Angel Oak Mortgage-Backed Securities ETF during the second quarter worth $918,000. RFG Advisory LLC grew its holdings in Angel Oak Mortgage-Backed Securities ETF by 5.0% in the first quarter. RFG Advisory LLC now owns 135,472 shares of the company’s stock valued at $1,173,000 after purchasing an additional 6,393 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in Angel Oak Mortgage-Backed Securities ETF by 1.0% in the first quarter. NewEdge Advisors LLC now owns 776,865 shares of the company’s stock valued at $6,728,000 after purchasing an additional 7,586 shares during the last quarter.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

Shares of MBS stock opened at $8.23 on Tuesday. Angel Oak Mortgage-Backed Securities ETF has a fifty-two week low of $8.13 and a fifty-two week high of $9.16. The business has a fifty day simple moving average of $8.39 and a 200-day simple moving average of $8.55.

Angel Oak Mortgage-Backed Securities ETF shares are scheduled to reverse split on Monday, November 16th. The 1-7 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, November 15th.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were paid a $0.0382 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Wednesday, September 30th. This is a positive change from Angel Oak Mortgage-Backed Securities ETF’s previous monthly dividend of $0.0341.

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.