Angel Oak Income ETF (NASDAQ:CARY – Get Free Report) announced a dividend on Monday, June 29th, NASDAQ Dividends reports. Investors of record on Tuesday, June 30th will be paid a dividend of 0.1004 per share on Wednesday, July 1st. The ex-dividend date is Tuesday, June 30th. This is a 14.6% increase from Angel Oak Income ETF’s previous dividend of $0.09.
Angel Oak Income ETF Price Performance
Shares of CARY opened at $20.78 on Wednesday. The firm has a fifty day moving average price of $20.82 and a 200-day moving average price of $20.89. Angel Oak Income ETF has a 12-month low of $20.65 and a 12-month high of $21.55.
Institutional Trading of Angel Oak Income ETF
A number of institutional investors have recently made changes to their positions in CARY. NewEdge Advisors LLC raised its stake in Angel Oak Income ETF by 9.0% in the first quarter. NewEdge Advisors LLC now owns 110,153 shares of the company’s stock valued at $2,288,000 after buying an additional 9,057 shares during the last quarter. Independent Wealth Advisors LLC purchased a new position in shares of Angel Oak Income ETF in the 1st quarter valued at approximately $559,000. Sonoma Allocations LLC boosted its stake in Angel Oak Income ETF by 41.8% in the 1st quarter. Sonoma Allocations LLC now owns 108,778 shares of the company’s stock worth $2,263,000 after purchasing an additional 32,061 shares in the last quarter. Bank of America Corp DE grew its position in Angel Oak Income ETF by 103,779.5% during the 1st quarter. Bank of America Corp DE now owns 4,951,934 shares of the company’s stock worth $102,862,000 after purchasing an additional 4,947,167 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its stake in Angel Oak Income ETF by 13.7% during the 1st quarter. Arkadios Wealth Advisors now owns 3,562,484 shares of the company’s stock valued at $74,003,000 after purchasing an additional 428,745 shares in the last quarter.
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.
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