Independent Wealth Advisors LLC Invests $559,000 in Angel Oak Income ETF $CARY

Independent Wealth Advisors LLC purchased a new position in shares of Angel Oak Income ETF (NASDAQ:CARY) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,912 shares of the company’s stock, valued at approximately $559,000. Independent Wealth Advisors LLC owned about 0.05% of Angel Oak Income ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CARY. Truist Financial Corp boosted its stake in shares of Angel Oak Income ETF by 0.6% in the fourth quarter. Truist Financial Corp now owns 95,399 shares of the company’s stock worth $1,987,000 after acquiring an additional 588 shares during the last quarter. J. Team Financial Inc. increased its holdings in shares of Angel Oak Income ETF by 0.9% during the 4th quarter. J. Team Financial Inc. now owns 94,104 shares of the company’s stock worth $1,960,000 after buying an additional 845 shares during the last quarter. Comerica Bank raised its holdings in Angel Oak Income ETF by 10.4% in the 4th quarter. Comerica Bank now owns 10,193 shares of the company’s stock valued at $212,000 after buying an additional 958 shares during the period. Hantz Financial Services Inc. acquired a new position in Angel Oak Income ETF during the fourth quarter worth $30,000. Finally, Bank of America Corp DE acquired a new position in Angel Oak Income ETF in the 2nd quarter valued at about $38,000.

Angel Oak Income ETF Stock Down 0.6%

Shares of CARY opened at $20.62 on Friday. The firm’s 50 day moving average price is $20.78 and its 200 day moving average price is $20.86. Angel Oak Income ETF has a fifty-two week low of $20.58 and a fifty-two week high of $21.55.

Angel Oak Income ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 31st will be given a dividend of $0.1001 per share. The ex-dividend date of this dividend is Friday, July 31st.

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.