Angel Oak Income ETF $CARY Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC grew its stake in shares of Angel Oak Income ETF (NASDAQ:CARY) by 1,125.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 173,579 shares of the company’s stock after acquiring an additional 159,418 shares during the period. Wealthcare Advisory Partners LLC owned about 0.49% of Angel Oak Income ETF worth $3,615,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in shares of Angel Oak Income ETF by 739.8% during the first quarter. NewEdge Advisors LLC now owns 39,892 shares of the company’s stock worth $828,000 after purchasing an additional 35,142 shares during the last quarter. CreativeOne Wealth LLC acquired a new stake in Angel Oak Income ETF during the second quarter valued at approximately $416,000. Legacy Capital Wealth Partners LLC bought a new position in Angel Oak Income ETF during the 2nd quarter worth approximately $316,000. Greenwich Wealth Management LLC grew its position in shares of Angel Oak Income ETF by 245.9% in the 2nd quarter. Greenwich Wealth Management LLC now owns 158,131 shares of the company’s stock worth $3,289,000 after acquiring an additional 112,420 shares in the last quarter. Finally, Advocacy Wealth Management Services LLC increased its holdings in shares of Angel Oak Income ETF by 7.3% in the 2nd quarter. Advocacy Wealth Management Services LLC now owns 2,058,325 shares of the company’s stock valued at $42,813,000 after acquiring an additional 140,275 shares during the last quarter.

Angel Oak Income ETF Stock Performance

Shares of CARY opened at $20.79 on Friday. The business’s fifty day moving average price is $20.95 and its 200 day moving average price is $20.95. Angel Oak Income ETF has a 12-month low of $20.40 and a 12-month 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. Investors of record on Friday, February 27th were given a dividend of $0.0798 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is a boost from Angel Oak Income ETF’s previous monthly dividend of $0.07.

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.