Lewis Asset Management LLC Grows Holdings in Angel Oak Income ETF $CARY

Lewis Asset Management LLC boosted its position in shares of Angel Oak Income ETF (NASDAQ:CARY) by 168.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 63,875 shares of the company’s stock after acquiring an additional 40,074 shares during the quarter. Lewis Asset Management LLC’s holdings in Angel Oak Income ETF were worth $1,330,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE bought a new position in shares of Angel Oak Income ETF in the second quarter worth approximately $38,000. Comerica Bank increased its stake in shares of Angel Oak Income ETF by 12.2% in the third quarter. Comerica Bank now owns 9,235 shares of the company’s stock worth $193,000 after purchasing an additional 1,007 shares in the last quarter. Private Trust Co. NA bought a new stake in shares of Angel Oak Income ETF during the 3rd quarter valued at $204,000. Stratos Wealth Partners LTD. bought a new stake in shares of Angel Oak Income ETF during the 3rd quarter valued at $205,000. Finally, Firethorn Wealth Partners LLC lifted its stake in shares of Angel Oak Income ETF by 34.8% during the 3rd quarter. Firethorn Wealth Partners LLC now owns 13,931 shares of the company’s stock valued at $291,000 after buying an additional 3,597 shares in the last quarter.

Angel Oak Income ETF Stock Up 0.1%

Shares of Angel Oak Income ETF stock opened at $20.81 on Tuesday. The company has a fifty day moving average of $20.95 and a 200 day moving average of $20.95. Angel Oak Income ETF has a fifty-two week low of $20.40 and a fifty-two week high of $21.55.

Angel Oak Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a $0.0798 dividend. The ex-dividend date was Friday, February 27th. This is a positive change from Angel Oak Income ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 4.6%.

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. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.