NewEdge Wealth LLC Acquires Shares of 2,059,507 Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS)

NewEdge Wealth LLC bought a new position in shares of Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) during the fourth quarter, Holdings Channel.com reports. The fund bought 2,059,507 shares of the company’s stock, valued at approximately $17,568,000. NewEdge Wealth LLC owned 0.10% of Angel Oak Mortgage-Backed Securities ETF at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of MBS. Brown Financial Advisors increased its position in shares of Angel Oak Mortgage-Backed Securities ETF by 11.8% during the fourth quarter. Brown Financial Advisors now owns 344,397 shares of the company’s stock worth $2,938,000 after acquiring an additional 36,227 shares in the last quarter. Angel Oak Capital Advisors LLC acquired a new position in Angel Oak Mortgage-Backed Securities ETF during the 4th quarter valued at about $21,955,000. Vontobel Holding Ltd. bought a new stake in Angel Oak Mortgage-Backed Securities ETF during the 4th quarter worth approximately $1,150,000. Paladin Wealth LLC raised its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 50.1% in the fourth quarter. Paladin Wealth LLC now owns 132,014 shares of the company’s stock worth $1,126,000 after purchasing an additional 44,067 shares during the last quarter. Finally, United Asset Strategies Inc. bought a new position in shares of Angel Oak Mortgage-Backed Securities ETF in the fourth quarter valued at approximately $819,000.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:MBS opened at $8.68 on Thursday. The firm’s 50 day moving average is $8.53. Angel Oak Mortgage-Backed Securities ETF has a 12-month low of $8.21 and a 12-month high of $9.08.

Angel Oak Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were issued a dividend of $0.0261 per share. The ex-dividend date of this dividend was Friday, January 31st.