Channel Wealth LLC Acquires 116,206 Shares of Angel Oak Income ETF (NASDAQ:CARY)

Channel Wealth LLC lifted its holdings in Angel Oak Income ETF (NASDAQ:CARY) by 10.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,184,185 shares of the company’s stock after purchasing an additional 116,206 shares during the quarter. Angel Oak Income ETF comprises about 7.9% of Channel Wealth LLC’s portfolio, making the stock its biggest position. Channel Wealth LLC owned approximately 6.79% of Angel Oak Income ETF worth $24,382,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Islay Capital Management LLC purchased a new stake in Angel Oak Income ETF during the 3rd quarter worth approximately $95,000. Farther Finance Advisors LLC purchased a new stake in shares of Angel Oak Income ETF during the third quarter valued at $194,000. Firethorn Wealth Partners LLC increased its position in shares of Angel Oak Income ETF by 9.0% in the 3rd quarter. Firethorn Wealth Partners LLC now owns 11,331 shares of the company’s stock valued at $240,000 after acquiring an additional 937 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in Angel Oak Income ETF by 6.1% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 22,198 shares of the company’s stock worth $470,000 after acquiring an additional 1,286 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in Angel Oak Income ETF in the 3rd quarter worth $680,000.

Angel Oak Income ETF Trading Up 0.2 %

Angel Oak Income ETF stock opened at $20.59 on Friday. The business’s 50-day simple moving average is $20.74 and its two-hundred day simple moving average is $20.89. Angel Oak Income ETF has a fifty-two week low of $20.18 and a fifty-two week high of $21.50.

Angel Oak Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, January 2nd. Investors of record on Tuesday, December 31st were given a $0.2094 dividend. The ex-dividend date was Tuesday, December 31st. This is a positive change from Angel Oak Income ETF’s previous dividend of $0.13.