Angel Oak Income ETF (NASDAQ:CARY) Shares Bought by Tortoise Investment Management LLC

Tortoise Investment Management LLC raised its holdings in Angel Oak Income ETF (NASDAQ:CARY) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 570,304 shares of the company’s stock after buying an additional 12,576 shares during the period. Angel Oak Income ETF makes up about 1.2% of Tortoise Investment Management LLC’s portfolio, making the stock its 23rd biggest holding. Tortoise Investment Management LLC’s holdings in Angel Oak Income ETF were worth $11,743,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Arkadios Wealth Advisors increased its holdings in shares of Angel Oak Income ETF by 10.0% in the 4th quarter. Arkadios Wealth Advisors now owns 2,234,474 shares of the company’s stock valued at $46,008,000 after acquiring an additional 203,866 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Angel Oak Income ETF in the 4th quarter valued at approximately $3,082,000. Oppenheimer & Co. Inc. bought a new stake in shares of Angel Oak Income ETF in the 3rd quarter valued at approximately $2,600,000. Channel Wealth LLC increased its holdings in shares of Angel Oak Income ETF by 10.9% in the 4th quarter. Channel Wealth LLC now owns 1,184,185 shares of the company’s stock valued at $24,382,000 after acquiring an additional 116,206 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in Angel Oak Income ETF during the 4th quarter worth $1,244,000.

Angel Oak Income ETF Stock Performance

Shares of CARY opened at $20.81 on Monday. Angel Oak Income ETF has a 12 month low of $20.18 and a 12 month high of $21.50. The stock has a fifty day moving average price of $20.67 and a 200 day moving average price of $20.86.

Angel Oak Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 28th were paid a $0.0942 dividend. This is a boost from Angel Oak Income ETF’s previous dividend of $0.09. The ex-dividend date was Friday, February 28th.

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.