Angel Oak Income ETF $CARY Shares Purchased by Belpointe Asset Management LLC

Belpointe Asset Management LLC boosted its holdings in Angel Oak Income ETF (NASDAQ:CARY) by 13.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 131,790 shares of the company’s stock after buying an additional 15,166 shares during the period. Belpointe Asset Management LLC owned approximately 0.51% of Angel Oak Income ETF worth $2,741,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CARY. Raleigh Capital Management Inc. acquired a new stake in shares of Angel Oak Income ETF in the second quarter worth $138,000. Vista Investment Partners LLC purchased a new stake in Angel Oak Income ETF during the 1st quarter worth $207,000. Firethorn Wealth Partners LLC increased its holdings in Angel Oak Income ETF by 5.1% in the 2nd quarter. Firethorn Wealth Partners LLC now owns 10,334 shares of the company’s stock valued at $215,000 after purchasing an additional 504 shares in the last quarter. Argent Trust Co raised its position in Angel Oak Income ETF by 12.8% in the first quarter. Argent Trust Co now owns 13,250 shares of the company’s stock valued at $275,000 after purchasing an additional 1,500 shares during the period. Finally, DAVENPORT & Co LLC acquired a new position in shares of Angel Oak Income ETF during the second quarter worth about $290,000.

Angel Oak Income ETF Trading Down 0.0%

CARY stock opened at $20.92 on Tuesday. Angel Oak Income ETF has a 1 year low of $20.40 and a 1 year high of $21.50. The stock has a 50-day simple moving average of $20.93 and a 200-day simple moving average of $20.78.

Angel Oak Income ETF Increases Dividend

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

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.