Angel Oak Income ETF $CARY Shares Sold by Sonoma Allocations LLC

Sonoma Allocations LLC cut its position in shares of Angel Oak Income ETF (NASDAQ:CARY) by 33.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,717 shares of the company’s stock after selling 38,807 shares during the quarter. Sonoma Allocations LLC’s holdings in Angel Oak Income ETF were worth $1,604,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. purchased a new position in shares of Angel Oak Income ETF during the fourth quarter valued at approximately $30,000. Bank of America Corp DE purchased a new stake in Angel Oak Income ETF in the 2nd quarter worth approximately $38,000. Lloyd Advisory Services LLC. acquired a new position in Angel Oak Income ETF in the 4th quarter valued at $118,000. Comerica Bank raised its holdings in Angel Oak Income ETF by 12.2% in the 3rd quarter. Comerica Bank now owns 9,235 shares of the company’s stock valued at $193,000 after acquiring an additional 1,007 shares during the last quarter. Finally, Commonwealth Equity Services LLC purchased a new position in shares of Angel Oak Income ETF during the 4th quarter worth $204,000.

Angel Oak Income ETF Price Performance

Shares of Angel Oak Income ETF stock opened at $20.83 on Friday. Angel Oak Income ETF has a fifty-two week low of $20.65 and a fifty-two week high of $21.55. The business’s fifty day moving average is $20.82 and its two-hundred day moving average is $20.89.

Angel Oak Income ETF Cuts Dividend

The firm also recently announced 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 was Friday, May 29th.

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.