Farther Finance Advisors LLC Buys New Shares in Angel Oak Mortgage-Backed Securities ETF $MBS

Farther Finance Advisors LLC purchased a new position in Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,086 shares of the company’s stock, valued at approximately $35,000.

Several other hedge funds have also recently added to or reduced their stakes in MBS. Gradient Investments LLC increased its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 5.8% during the second quarter. Gradient Investments LLC now owns 4,658,960 shares of the company’s stock worth $40,230,000 after buying an additional 254,437 shares in the last quarter. Transamerica Financial Advisors LLC bought a new position in Angel Oak Mortgage-Backed Securities ETF in the first quarter valued at approximately $2,874,000. Bank of America Corp DE bought a new position in Angel Oak Mortgage-Backed Securities ETF in the fourth quarter valued at approximately $484,000. Altfest L J & Co. Inc. boosted its stake in Angel Oak Mortgage-Backed Securities ETF by 52.3% in the first quarter. Altfest L J & Co. Inc. now owns 873,379 shares of the company’s stock valued at $7,581,000 after acquiring an additional 300,088 shares during the last quarter. Finally, Mattson Financial Services LLC boosted its position in shares of Angel Oak Mortgage-Backed Securities ETF by 17.6% during the first quarter. Mattson Financial Services LLC now owns 498,614 shares of the company’s stock worth $4,328,000 after purchasing an additional 74,673 shares in the last quarter.

Angel Oak Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ MBS opened at $8.74 on Wednesday. The company’s fifty day moving average is $8.69 and its 200-day moving average is $8.62. Angel Oak Mortgage-Backed Securities ETF has a twelve month low of $8.36 and a twelve month high of $9.07.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were given a dividend of $0.0456 per share. This is a boost from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Tuesday, September 30th.

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.