Angel Oak Income ETF $CARY Shares Newly Acquired by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC purchased a new stake in Angel Oak Income ETF (NASDAQ:CARY) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 70,448 shares of the company’s stock, valued at approximately $1,417,000. Onyx Bridge Wealth Group LLC owned about 0.10% of Angel Oak Income ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its position in shares of Angel Oak Income ETF by 2.4% during the third quarter. Farther Finance Advisors LLC now owns 21,995 shares of the company’s stock worth $443,000 after purchasing an additional 517 shares during the period. Vista Investment Partners LLC raised its holdings in Angel Oak Income ETF by 10.1% during the 2nd quarter. Vista Investment Partners LLC now owns 21,291 shares of the company’s stock worth $442,000 after buying an additional 1,956 shares during the period. Concurrent Investment Advisors LLC lifted its stake in Angel Oak Income ETF by 5.1% in the second quarter. Concurrent Investment Advisors LLC now owns 43,269 shares of the company’s stock valued at $899,000 after buying an additional 2,081 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Angel Oak Income ETF by 11.3% in the first quarter. Janney Montgomery Scott LLC now owns 60,188 shares of the company’s stock valued at $1,250,000 after buying an additional 6,093 shares during the period. Finally, Noble Wealth Management PBC boosted its holdings in shares of Angel Oak Income ETF by 8.6% in the third quarter. Noble Wealth Management PBC now owns 105,634 shares of the company’s stock valued at $2,125,000 after buying an additional 8,373 shares during the period.

Angel Oak Income ETF Stock Performance

Shares of NASDAQ:CARY opened at $20.22 on Friday. Angel Oak Income ETF has a 12 month low of $20.07 and a 12 month high of $21.55. The company’s fifty day simple moving average is $20.46 and its 200 day simple moving average is $20.68.

Angel Oak Income ETF Increases Dividend

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

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.