Sonoma Allocations LLC Has $3.21 Million Position in Angel Oak Income ETF $CARY

Sonoma Allocations LLC grew its holdings in shares of Angel Oak Income ETF (NASDAQ:CARY) by 42.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 154,425 shares of the company’s stock after buying an additional 45,647 shares during the quarter. Angel Oak Income ETF makes up 1.2% of Sonoma Allocations LLC’s portfolio, making the stock its 21st largest position. Sonoma Allocations LLC’s holdings in Angel Oak Income ETF were worth $3,207,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. UBS Group AG boosted its stake in shares of Angel Oak Income ETF by 44.9% during the 4th 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 during the last quarter. Channel Wealth LLC increased its position in shares of Angel Oak Income ETF by 6.6% in the fourth quarter. Channel Wealth LLC now owns 1,152,894 shares of the company’s stock valued at $24,010,000 after acquiring an additional 71,751 shares during the last quarter. Tortoise Investment Management LLC increased its position in shares of Angel Oak Income ETF by 5.2% in the fourth quarter. Tortoise Investment Management LLC now owns 647,945 shares of the company’s stock valued at $13,494,000 after acquiring an additional 31,839 shares during the last quarter. Omnitrust Wealth Management Inc bought a new stake in Angel Oak Income ETF during the fourth quarter worth about $540,000. Finally, Rockefeller Capital Management L.P. raised its holdings in Angel Oak Income ETF by 36.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 99,611 shares of the company’s stock worth $2,074,000 after acquiring an additional 26,781 shares in the last quarter.

Angel Oak Income ETF Price Performance

Shares of NASDAQ CARY opened at $20.68 on Friday. The stock has a 50 day moving average price of $20.76 and a 200 day moving average price of $20.85. Angel Oak Income ETF has a 52 week low of $20.58 and a 52 week high of $21.55.

Angel Oak Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 31st were paid a dividend of $0.1001 per share. The ex-dividend date was Friday, July 31st.

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.