Angel Oak Capital Advisors LLC Acquires Shares of 2,573,882 Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS)

Angel Oak Capital Advisors LLC acquired a new position in shares of Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) during the 4th quarter, Holdings Channel reports. The firm acquired 2,573,882 shares of the company’s stock, valued at approximately $21,955,000. Angel Oak Mortgage-Backed Securities ETF accounts for about 29.2% of Angel Oak Capital Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Angel Oak Capital Advisors LLC owned approximately 0.13% of Angel Oak Mortgage-Backed Securities ETF as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. RFG Advisory LLC grew its stake in Angel Oak Mortgage-Backed Securities ETF by 323.5% in the fourth quarter. RFG Advisory LLC now owns 48,319 shares of the company’s stock worth $412,000 after purchasing an additional 36,909 shares in the last quarter. Paladin Wealth LLC lifted its holdings in Angel Oak Mortgage-Backed Securities ETF by 50.1% during the 4th quarter. Paladin Wealth LLC now owns 132,014 shares of the company’s stock worth $1,126,000 after buying an additional 44,067 shares during the last quarter. United Asset Strategies Inc. acquired a new position in shares of Angel Oak Mortgage-Backed Securities ETF in the 4th quarter worth approximately $819,000. Vontobel Holding Ltd. bought a new stake in shares of Angel Oak Mortgage-Backed Securities ETF in the 4th quarter valued at approximately $1,150,000. Finally, Gradient Investments LLC raised its position in shares of Angel Oak Mortgage-Backed Securities ETF by 10.7% during the 4th quarter. Gradient Investments LLC now owns 4,581,317 shares of the company’s stock valued at $39,079,000 after acquiring an additional 441,156 shares in the last quarter.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

MBS stock opened at $8.58 on Tuesday. Angel Oak Mortgage-Backed Securities ETF has a 1-year low of $8.21 and a 1-year high of $9.08.

Angel Oak Mortgage-Backed Securities ETF Cuts Dividend

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