Bank of America Corp DE Boosts Stake in Angel Oak Income ETF $CARY

Bank of America Corp DE lifted its holdings in shares of Angel Oak Income ETF (NASDAQ:CARY) by 103,779.5% during the first quarter, Holdings Channel reports. The fund owned 4,951,934 shares of the company’s stock after purchasing an additional 4,947,167 shares during the quarter. Bank of America Corp DE owned 0.09% of Angel Oak Income ETF worth $102,862,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in CARY. Truist Financial Corp grew its position in shares of Angel Oak Income ETF by 0.6% during the fourth quarter. Truist Financial Corp now owns 95,399 shares of the company’s stock worth $1,987,000 after buying an additional 588 shares in the last quarter. J. Team Financial Inc. increased its position in shares of Angel Oak Income ETF by 0.9% in the 4th quarter. J. Team Financial Inc. now owns 94,104 shares of the company’s stock worth $1,960,000 after purchasing an additional 845 shares during the last quarter. Comerica Bank increased its position in shares of Angel Oak Income ETF by 10.4% in the 4th quarter. Comerica Bank now owns 10,193 shares of the company’s stock worth $212,000 after purchasing an additional 958 shares during the last quarter. Hantz Financial Services Inc. bought a new stake in shares of Angel Oak Income ETF in the 4th quarter worth about $30,000. Finally, Benjamin Edwards Inc. raised its stake in shares of Angel Oak Income ETF by 17.5% in the 4th quarter. Benjamin Edwards Inc. now owns 19,624 shares of the company’s stock valued at $409,000 after purchasing an additional 2,920 shares in the last quarter.

Angel Oak Income ETF Stock Up 0.0%

Shares of CARY stock opened at $20.68 on Friday. Angel Oak Income ETF has a one year low of $20.58 and a one year high of $21.55. The company’s 50-day simple moving average is $20.76 and its 200-day simple moving average is $20.85.

Angel Oak Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 31st were given a dividend of $0.1001 per share. The ex-dividend date of this dividend was Friday, July 31st.

Angel Oak Income ETF 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.