305,157 Shares in Angel Oak Mortgage-Backed Securities ETF (NYSEARCA:MBS) Purchased by Brown Financial Advisors

Brown Financial Advisors bought a new stake in shares of Angel Oak Mortgage-Backed Securities ETF (NYSEARCA:MBS) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 305,157 shares of the company’s stock, valued at approximately $2,594,000. Angel Oak Mortgage-Backed Securities ETF accounts for approximately 1.2% of Brown Financial Advisors’ investment portfolio, making the stock its 23rd largest holding. Brown Financial Advisors owned 7.76% of Angel Oak Mortgage-Backed Securities ETF as of its most recent filing with the SEC.

Separately, Gradient Investments LLC bought a new stake in Angel Oak Mortgage-Backed Securities ETF in the second quarter valued at about $29,160,000.

Angel Oak Mortgage-Backed Securities ETF Price Performance

NYSEARCA:MBS opened at $8.89 on Wednesday. Angel Oak Mortgage-Backed Securities ETF has a 1-year low of $8.21 and a 1-year high of $9.08. The business’s 50-day moving average price is $8.80 and its two-hundred day moving average price is $8.56.

Angel Oak Mortgage-Backed Securities ETF Company Profile

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.