Weaver Consulting Group Purchases 35,684 Shares of Angel Oak Income ETF $CARY

Weaver Consulting Group boosted its holdings in shares of Angel Oak Income ETF (NASDAQ:CARY) by 24.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 181,388 shares of the company’s stock after acquiring an additional 35,684 shares during the quarter. Weaver Consulting Group’s holdings in Angel Oak Income ETF were worth $3,650,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE grew its stake in shares of Angel Oak Income ETF by 103,779.5% in the first quarter. Bank of America Corp DE now owns 4,951,934 shares of the company’s stock valued at $102,862,000 after buying an additional 4,947,167 shares in the last quarter. IFC Advisors LLC acquired a new position in Angel Oak Income ETF in the 1st quarter valued at about $61,717,000. Envestnet Asset Management Inc. lifted its position in shares of Angel Oak Income ETF by 103.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,107,410 shares of the company’s stock worth $23,012,000 after purchasing an additional 563,831 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in Angel Oak Income ETF by 13.7% in the first quarter. Arkadios Wealth Advisors now owns 3,562,484 shares of the company’s stock valued at $74,003,000 after purchasing an additional 428,745 shares during the period. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in Angel Oak Income ETF during the 2nd quarter worth $4,231,000.

Angel Oak Income ETF Price Performance

CARY stock traded up $0.01 during mid-day trading on Wednesday, reaching $20.12. The company had a trading volume of 361,021 shares, compared to its average volume of 417,774. The firm has a fifty day simple moving average of $20.54 and a 200 day simple moving average of $20.71. Angel Oak Income ETF has a fifty-two week low of $20.07 and a fifty-two week high of $21.55.

Angel Oak Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were paid a $0.1025 dividend. This is a boost from Angel Oak Income ETF’s previous monthly dividend of $0.0931. This represents a $1.23 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date was Wednesday, September 30th.

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