Tortoise Investment Management LLC Purchases 31,839 Shares of Angel Oak Income ETF $CARY

Tortoise Investment Management LLC boosted its position in Angel Oak Income ETF (NASDAQ:CARY) by 5.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 647,945 shares of the company’s stock after acquiring an additional 31,839 shares during the quarter. Angel Oak Income ETF accounts for 1.2% of Tortoise Investment Management LLC’s holdings, making the stock its 25th largest holding. Tortoise Investment Management LLC’s holdings in Angel Oak Income ETF were worth $13,494,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CARY. UBS Group AG increased its holdings in shares of Angel Oak Income ETF by 44.9% during the fourth quarter. UBS Group AG now owns 2,174,367 shares of the company’s stock worth $45,283,000 after buying an additional 673,805 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in shares of Angel Oak Income ETF by 26.9% during the third quarter. Arkadios Wealth Advisors now owns 2,906,625 shares of the company’s stock worth $60,778,000 after buying an additional 615,443 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Angel Oak Income ETF by 78.6% during the third quarter. Raymond James Financial Inc. now owns 762,983 shares of the company’s stock worth $15,954,000 after buying an additional 335,825 shares in the last quarter. Sage Advisory Services Ltd.Co. acquired a new position in shares of Angel Oak Income ETF during the third quarter worth $5,453,000. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Angel Oak Income ETF by 47.4% during the third quarter. Envestnet Asset Management Inc. now owns 528,292 shares of the company’s stock worth $11,047,000 after buying an additional 169,884 shares in the last quarter.

Angel Oak Income ETF Trading Down 0.0%

Shares of NASDAQ:CARY opened at $20.74 on Tuesday. The company has a fifty day moving average of $20.86 and a 200-day moving average of $20.92. Angel Oak Income ETF has a 52-week low of $20.51 and a 52-week high of $21.55.

Angel Oak Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, May 1st. Stockholders of record on Thursday, April 30th were issued a dividend of $0.0934 per share. The ex-dividend date was Thursday, April 30th.

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.