Axxcess Wealth Management LLC Increases Stock Holdings in Angel Oak Income ETF $CARY

Axxcess Wealth Management LLC increased its holdings in shares of Angel Oak Income ETF (NASDAQ:CARY) by 7.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 368,613 shares of the company’s stock after buying an additional 24,793 shares during the quarter. Axxcess Wealth Management LLC owned 1.40% of Angel Oak Income ETF worth $7,667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CARY. Janney Montgomery Scott LLC grew its stake in Angel Oak Income ETF by 61.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 97,488 shares of the company’s stock worth $2,024,000 after buying an additional 37,058 shares during the last quarter. Vista Investment Partners LLC purchased a new position in Angel Oak Income ETF during the 1st quarter worth $207,000. Oppenheimer & Co. Inc. lifted its position in Angel Oak Income ETF by 4.9% during the 1st quarter. Oppenheimer & Co. Inc. now owns 132,048 shares of the company’s stock worth $2,741,000 after acquiring an additional 6,183 shares during the period. Consolidated Portfolio Review Corp lifted its position in Angel Oak Income ETF by 5.1% during the 1st quarter. Consolidated Portfolio Review Corp now owns 16,539 shares of the company’s stock worth $343,000 after acquiring an additional 798 shares during the period. Finally, Legacy CG LLC acquired a new stake in Angel Oak Income ETF during the 1st quarter worth about $6,593,000.

Angel Oak Income ETF Stock Up 0.1%

Shares of CARY opened at $20.93 on Tuesday. The stock has a 50-day moving average of $20.94 and a two-hundred day moving average of $20.79. Angel Oak Income ETF has a one year low of $20.40 and a one year high of $21.50.

Angel Oak Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were given a dividend of $0.1259 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.2%. This is an increase from Angel Oak Income ETF’s previous monthly dividend of $0.09.

About Angel Oak Income ETF

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.