Crescent Grove Advisors LLC Sells 31,251 Shares of Angel Oak Income ETF (NYSEARCA:CARY)

Crescent Grove Advisors LLC trimmed its position in shares of Angel Oak Income ETF (NYSEARCA:CARY) by 5.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 504,584 shares of the company’s stock after selling 31,251 shares during the period. Angel Oak Income ETF comprises 1.1% of Crescent Grove Advisors LLC’s holdings, making the stock its 22nd biggest holding. Crescent Grove Advisors LLC owned approximately 0.05% of Angel Oak Income ETF worth $10,738,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Executive Wealth Management LLC bought a new position in shares of Angel Oak Income ETF in the second quarter worth about $19,820,000. Arkadios Wealth Advisors boosted its position in Angel Oak Income ETF by 14.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 2,030,608 shares of the company’s stock valued at $43,029,000 after buying an additional 257,402 shares during the period. Tortoise Investment Management LLC grew its stake in Angel Oak Income ETF by 28.7% in the 2nd quarter. Tortoise Investment Management LLC now owns 524,480 shares of the company’s stock worth $10,804,000 after acquiring an additional 116,887 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Angel Oak Income ETF during the second quarter worth approximately $1,128,000. Finally, Worth Asset Management LLC purchased a new position in shares of Angel Oak Income ETF during the third quarter worth approximately $995,000.

Angel Oak Income ETF Stock Performance

Shares of NYSEARCA CARY opened at $20.74 on Wednesday. Angel Oak Income ETF has a 52-week low of $19.95 and a 52-week high of $21.60. The stock has a 50 day moving average price of $21.08 and a 200 day moving average price of $20.80.

Angel Oak Income ETF Company Profile

The Angel Oak Income ETF (CARY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by broadly investing in USD-denominated fixed income securities with a tilt towards structured products and residential mortgage.