Lewis Asset Management LLC Buys 40,074 Shares of Angel Oak Income ETF $CARY

Lewis Asset Management LLC increased its stake in shares of Angel Oak Income ETF (NASDAQ:CARY) by 168.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 63,875 shares of the company’s stock after purchasing an additional 40,074 shares during the period. Lewis Asset Management LLC owned approximately 0.18% of Angel Oak Income ETF worth $1,330,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors grew its position in Angel Oak Income ETF by 26.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 2,906,625 shares of the company’s stock worth $60,778,000 after purchasing an additional 615,443 shares during the period. Advocacy Wealth Management LLC lifted its holdings in shares of Angel Oak Income ETF by 3.3% during the 3rd quarter. Advocacy Wealth Management LLC now owns 2,125,626 shares of the company’s stock valued at $44,447,000 after buying an additional 67,301 shares during the period. Advocacy Wealth Management Services LLC lifted its holdings in shares of Angel Oak Income ETF by 7.3% during 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 buying an additional 140,275 shares during the period. UBS Group AG boosted its stake in shares of Angel Oak Income ETF by 59.6% in the 3rd quarter. UBS Group AG now owns 1,500,562 shares of the company’s stock worth $31,377,000 after buying an additional 560,571 shares during the last quarter. Finally, Focus Partners Wealth boosted its stake in shares of Angel Oak Income ETF by 3.3% in the 3rd quarter. Focus Partners Wealth now owns 1,419,626 shares of the company’s stock worth $29,684,000 after buying an additional 45,269 shares during the last quarter.

Angel Oak Income ETF Stock Up 0.1%

Shares of CARY opened at $20.81 on Tuesday. Angel Oak Income ETF has a one year low of $20.40 and a one year high of $21.55. The business has a fifty day moving average of $20.95 and a 200 day moving average of $20.95.

Angel Oak Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were paid a dividend of $0.0798 per share. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is an increase from Angel Oak Income ETF’s previous monthly dividend of $0.07.

Angel Oak Income ETF 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. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.