Angel Oak Income ETF $CARY Shares Acquired by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC increased its holdings in Angel Oak Income ETF (NASDAQ:CARY) by 106.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 777,264 shares of the company’s stock after buying an additional 400,193 shares during the period. Axxcess Wealth Management LLC’s holdings in Angel Oak Income ETF were worth $16,187,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of CARY. UBS Group AG boosted its holdings in shares of Angel Oak Income ETF by 44.9% in the 4th quarter. UBS Group AG now owns 2,174,367 shares of the company’s stock valued at $45,283,000 after buying an additional 673,805 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of Angel Oak Income ETF by 78.6% in the 3rd quarter. Raymond James Financial Inc. now owns 762,983 shares of the company’s stock valued at $15,954,000 after buying an additional 335,825 shares during the period. Sage Advisory Services Ltd.Co. acquired a new position in shares of Angel Oak Income ETF in the 3rd quarter valued at about $5,453,000. Envestnet Asset Management Inc. boosted its stake in Angel Oak Income ETF by 47.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 528,292 shares of the company’s stock valued at $11,047,000 after purchasing an additional 169,884 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its stake in Angel Oak Income ETF by 1,125.8% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 173,579 shares of the company’s stock valued at $3,615,000 after purchasing an additional 159,418 shares during the period.

Angel Oak Income ETF Price Performance

Angel Oak Income ETF stock opened at $20.79 on Friday. The firm has a 50-day moving average price of $20.84 and a two-hundred day moving average price of $20.91. Angel Oak Income ETF has a 52-week low of $20.51 and a 52-week high of $21.55.

Angel Oak Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, May 1st. Shareholders of record on Thursday, April 30th were paid a dividend of $0.0934 per share. The ex-dividend date of this dividend was Thursday, April 30th.

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.