Angel Oak Income ETF $CARY Shares Bought by Legacy CG LLC

Legacy CG LLC lifted its position in shares of Angel Oak Income ETF (NASDAQ:CARY) by 14.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 363,179 shares of the company’s stock after purchasing an additional 46,955 shares during the period. Angel Oak Income ETF comprises approximately 2.1% of Legacy CG LLC’s portfolio, making the stock its 19th largest position. Legacy CG LLC owned approximately 1.08% of Angel Oak Income ETF worth $7,594,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in CARY. Advocacy Wealth Management Services LLC grew its stake in shares of Angel Oak Income ETF by 7.3% in the 2nd quarter. Advocacy Wealth Management Services LLC now owns 2,058,325 shares of the company’s stock valued at $42,813,000 after purchasing an additional 140,275 shares during the last quarter. AE Wealth Management LLC purchased a new stake in shares of Angel Oak Income ETF during the second quarter worth approximately $726,000. Envestnet Asset Management Inc. acquired a new stake in shares of Angel Oak Income ETF during the second quarter worth $7,455,000. DAVENPORT & Co LLC acquired a new stake in shares of Angel Oak Income ETF during the second quarter worth $290,000. Finally, MBL Wealth LLC grew its position in Angel Oak Income ETF by 0.3% in the 2nd quarter. MBL Wealth LLC now owns 469,620 shares of the company’s stock valued at $9,768,000 after buying an additional 1,358 shares during the last quarter.

Angel Oak Income ETF Stock Performance

Shares of Angel Oak Income ETF stock opened at $20.86 on Thursday. Angel Oak Income ETF has a one year low of $20.40 and a one year high of $21.30. The firm has a fifty day moving average of $20.93 and a two-hundred day moving average of $20.91.

Angel Oak Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.1785 per share. This represents a c) dividend on an annualized basis and a dividend yield of 10.3%. This is a positive change from Angel Oak Income ETF’s previous monthly dividend of $0.09. The ex-dividend date was Wednesday, December 31st.

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.