Kingswood Wealth Advisors LLC Has $742,000 Holdings in Regan Floating Rate MBS ETF $MBSF

Kingswood Wealth Advisors LLC decreased its holdings in Regan Floating Rate MBS ETF (NYSEARCA:MBSF) by 11.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 29,090 shares of the company’s stock after selling 3,746 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Regan Floating Rate MBS ETF were worth $742,000 at the end of the most recent reporting period.

Separately, Q3 Asset Management acquired a new position in shares of Regan Floating Rate MBS ETF in the 1st quarter valued at $1,010,000.

Regan Floating Rate MBS ETF Stock Performance

Shares of MBSF stock opened at $25.52 on Thursday. Regan Floating Rate MBS ETF has a 52-week low of $25.04 and a 52-week high of $25.84. The firm has a fifty day moving average of $25.54 and a 200-day moving average of $25.49.

Regan Floating Rate MBS ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 26th were paid a $0.1071 dividend. The ex-dividend date was Friday, September 26th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. This is a positive change from Regan Floating Rate MBS ETF’s previous monthly dividend of $0.10.

Regan Floating Rate MBS ETF Company Profile

The Regan Floating Rate MBS ETF (MBSF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks current income through an actively managed portfolio comprised of floating-rate residential mortgage-backed securities (RMBS) rated as investment grade. MBSF was launched on Feb 28, 2024 and is issued by Regan.