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

Wealthcare Advisory Partners LLC lifted its holdings 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 disclosure with the Securities and Exchange Commission. The firm owned 173,579 shares of the company’s stock after buying an additional 159,418 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Angel Oak Income ETF were worth $3,615,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE bought a new stake in Angel Oak Income ETF during the 2nd quarter valued at $38,000. Comerica Bank increased its holdings in shares of Angel Oak Income ETF by 12.2% during the third quarter. Comerica Bank now owns 9,235 shares of the company’s stock valued at $193,000 after purchasing an additional 1,007 shares during the period. Private Trust Co. NA bought a new stake in shares of Angel Oak Income ETF during the third quarter valued at about $204,000. Stratos Wealth Partners LTD. acquired a new stake in Angel Oak Income ETF in the third quarter worth about $205,000. Finally, Firethorn Wealth Partners LLC grew its position in Angel Oak Income ETF by 34.8% in the 3rd quarter. Firethorn Wealth Partners LLC now owns 13,931 shares of the company’s stock valued at $291,000 after buying an additional 3,597 shares in the last quarter.

Angel Oak Income ETF Stock Performance

CARY stock opened at $20.79 on Friday. The firm’s 50-day moving average is $20.95 and its two-hundred day moving average is $20.95. Angel Oak Income ETF has a 52 week low of $20.40 and a 52 week high of $21.55.

Angel Oak Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were issued a dividend of $0.0798 per share. The ex-dividend date of this dividend was Friday, February 27th. This is a positive change from Angel Oak Income ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 4.6%.

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.