Regan Floating Rate MBS ETF (NYSEARCA:MBSF) Increases Dividend to $0.08 Per Share

Regan Floating Rate MBS ETF (NYSEARCA:MBSF) declared a monthly dividend on Tuesday, February 24th. Shareholders of record on Wednesday, February 25th will be paid a dividend of 0.0776 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Wednesday, February 25th. This is a 6.9% increase from Regan Floating Rate MBS ETF’s previous monthly dividend of $0.07.

Regan Floating Rate MBS ETF Stock Up 0.0%

Shares of NYSEARCA MBSF traded up $0.01 during midday trading on Wednesday, reaching $25.78. The company’s stock had a trading volume of 25,751 shares, compared to its average volume of 55,901. The business’s 50 day moving average price is $25.67 and its two-hundred day moving average price is $25.60. Regan Floating Rate MBS ETF has a fifty-two week low of $25.13 and a fifty-two week high of $25.93.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Regan Floating Rate MBS ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Regan Floating Rate MBS ETF (NYSEARCA:MBSF) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,155 shares of the company’s stock, valued at approximately $412,000. Flow Traders U.S. LLC owned 0.25% of Regan Floating Rate MBS ETF as of its most recent SEC filing.

Regan Floating Rate MBS ETF Company Profile

The Regan Floating Rate MBS ETF (MBSF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks current income through an actively managed portfolio comprised of floating-rate residential mortgage-backed securities (RMBS) rated as investment grade. MBSF was launched on Feb 28, 2024 and is issued by Regan.