Precision Wealth Strategies LLC Sells 14,347 Shares of Angel Oak Income ETF $CARY

Precision Wealth Strategies LLC decreased its position in shares of Angel Oak Income ETF (NASDAQ:CARY) by 7.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 183,692 shares of the company’s stock after selling 14,347 shares during the quarter. Angel Oak Income ETF comprises 1.2% of Precision Wealth Strategies LLC’s holdings, making the stock its 18th largest holding. Precision Wealth Strategies LLC owned 0.72% of Angel Oak Income ETF worth $3,821,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in CARY. Consolidated Portfolio Review Corp lifted its position in shares of Angel Oak Income ETF by 47.3% during the 2nd quarter. Consolidated Portfolio Review Corp now owns 24,359 shares of the company’s stock worth $507,000 after buying an additional 7,820 shares in the last quarter. Raleigh Capital Management Inc. bought a new position in shares of Angel Oak Income ETF in the second quarter worth $138,000. Janney Montgomery Scott LLC boosted its holdings in shares of Angel Oak Income ETF by 103.9% in the second quarter. Janney Montgomery Scott LLC now owns 198,740 shares of the company’s stock worth $4,134,000 after acquiring an additional 101,252 shares during the period. Lewis Asset Management LLC boosted its stake in Angel Oak Income ETF by 36.3% during the second quarter. Lewis Asset Management LLC now owns 23,118 shares of the company’s stock valued at $481,000 after buying an additional 6,151 shares during the period. Finally, MBL Wealth LLC boosted its stake in Angel Oak Income ETF by 3.3% during the first quarter. MBL Wealth LLC now owns 468,262 shares of the company’s stock valued at $9,721,000 after buying an additional 15,142 shares during the period.

Angel Oak Income ETF Stock Performance

NASDAQ CARY opened at $20.92 on Thursday. The stock’s 50-day simple moving average is $20.92 and its two-hundred day simple moving average is $20.78. Angel Oak Income ETF has a twelve month low of $20.40 and a twelve month high of $21.50.

Angel Oak Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were issued a dividend of $0.1259 per share. The ex-dividend date was Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.2%. This is a boost from Angel Oak Income ETF’s previous monthly dividend of $0.09.

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.