Excelsior Advisor Network LLC Purchases 44,000 Shares of Angel Oak Income ETF $CARY

Excelsior Advisor Network LLC grew its position in Angel Oak Income ETF (NASDAQ:CARY) by 228.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,300 shares of the company’s stock after buying an additional 44,000 shares during the quarter. Excelsior Advisor Network LLC owned 0.12% of Angel Oak Income ETF worth $1,315,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CARY. Hantz Financial Services Inc. bought a new position in shares of Angel Oak Income ETF in the 4th quarter valued at $30,000. Bank of America Corp DE bought a new stake in shares of Angel Oak Income ETF during the 2nd quarter worth $38,000. Lloyd Advisory Services LLC. acquired a new stake in Angel Oak Income ETF in the fourth quarter valued at about $118,000. Comerica Bank boosted its stake in Angel Oak Income ETF by 12.2% in the third quarter. Comerica Bank now owns 9,235 shares of the company’s stock valued at $193,000 after buying an additional 1,007 shares in the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in Angel Oak Income ETF in the fourth quarter valued at about $204,000.

Angel Oak Income ETF Price Performance

Shares of NASDAQ CARY opened at $20.73 on Tuesday. Angel Oak Income ETF has a 12 month low of $20.62 and a 12 month high of $21.55. The stock has a 50-day moving average price of $20.78 and a two-hundred day moving average price of $20.86.

Angel Oak Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were paid a $0.1004 dividend. This is an increase from Angel Oak Income ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Tuesday, June 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.