Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Raises Dividend to $0.04 Per Share

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) declared a dividend on Monday, June 29th, NASDAQ Dividends reports. Investors of record on Tuesday, June 30th will be paid a dividend of 0.0398 per share on Wednesday, July 1st. The ex-dividend date of this dividend is Tuesday, June 30th. This is a 10.7% increase from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.04.

Angel Oak Mortgage-Backed Securities ETF Trading Down 0.7%

Shares of NASDAQ:MBS traded down $0.06 on Tuesday, hitting $8.63. 36,469 shares of the company’s stock were exchanged, compared to its average volume of 98,163. The firm’s 50-day moving average is $8.65 and its 200 day moving average is $8.73. Angel Oak Mortgage-Backed Securities ETF has a 1-year low of $8.52 and a 1-year high of $9.16.

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.