Islay Capital Management LLC Purchases 61,950 Shares of Angel Oak Income ETF $CARY

Islay Capital Management LLC boosted its position in Angel Oak Income ETF (NASDAQ:CARY) by 227.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 89,150 shares of the company’s stock after purchasing an additional 61,950 shares during the period. Islay Capital Management LLC owned approximately 0.23% of Angel Oak Income ETF worth $1,857,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Truist Financial Corp raised its stake in shares of Angel Oak Income ETF by 0.6% during the fourth quarter. Truist Financial Corp now owns 95,399 shares of the company’s stock valued at $1,987,000 after acquiring an additional 588 shares in the last quarter. J. Team Financial Inc. raised its stake in shares of Angel Oak Income ETF by 0.9% during the fourth quarter. J. Team Financial Inc. now owns 94,104 shares of the company’s stock valued at $1,960,000 after acquiring an additional 845 shares in the last quarter. Comerica Bank raised its stake in shares of Angel Oak Income ETF by 10.4% during the fourth quarter. Comerica Bank now owns 10,193 shares of the company’s stock valued at $212,000 after acquiring an additional 958 shares in the last quarter. Mendel Money Management raised its stake in shares of Angel Oak Income ETF by 0.9% during the third quarter. Mendel Money Management now owns 125,508 shares of the company’s stock valued at $2,624,000 after acquiring an additional 1,166 shares in the last quarter. Finally, Hantz Financial Services Inc. bought a new stake in shares of Angel Oak Income ETF during the fourth quarter valued at approximately $30,000.

Angel Oak Income ETF Stock Up 0.0%

Angel Oak Income ETF stock opened at $20.82 on Tuesday. The company has a 50 day moving average price of $20.82 and a 200-day moving average price of $20.90. Angel Oak Income ETF has a fifty-two week low of $20.65 and a fifty-two week high of $21.55.

Angel Oak Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 29th were paid a $0.0876 dividend. The ex-dividend date of this dividend was Friday, May 29th.

Angel Oak Income ETF Company 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.