108,850 Shares in Angel Oak Income ETF $CARY Bought by Weaver Consulting Group

Weaver Consulting Group purchased a new position in shares of Angel Oak Income ETF (NASDAQ:CARY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 108,850 shares of the company’s stock, valued at approximately $2,267,000.

A number of other institutional investors have also recently added to or reduced their stakes in CARY. UBS Group AG boosted its position in Angel Oak Income ETF by 44.9% during the 4th quarter. UBS Group AG now owns 2,174,367 shares of the company’s stock worth $45,283,000 after purchasing an additional 673,805 shares during the period. Axxcess Wealth Management LLC boosted its position in Angel Oak Income ETF by 106.1% during the 4th quarter. Axxcess Wealth Management LLC now owns 777,264 shares of the company’s stock worth $16,187,000 after purchasing an additional 400,193 shares during the period. Raymond James Financial Inc. boosted its position in Angel Oak Income ETF by 78.6% during the 3rd quarter. Raymond James Financial Inc. now owns 762,983 shares of the company’s stock worth $15,954,000 after purchasing an additional 335,825 shares during the period. Sage Advisory Services Ltd.Co. purchased a new stake in Angel Oak Income ETF during the 3rd quarter worth $5,453,000. Finally, Envestnet Asset Management Inc. boosted its position 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 worth $11,047,000 after purchasing an additional 169,884 shares during the period.

Angel Oak Income ETF Price Performance

Shares of Angel Oak Income ETF stock opened at $20.84 on Friday. The company has a fifty day moving average price of $20.83 and a 200 day moving average price of $20.91. Angel Oak Income ETF has a twelve month low of $20.51 and a twelve month high of $21.55.

Angel Oak Income ETF Cuts Dividend

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

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.