Wealthcare Advisory Partners LLC Has $5.71 Million Position in Angel Oak Income ETF $CARY

Wealthcare Advisory Partners LLC raised its position in Angel Oak Income ETF (NASDAQ:CARY) by 47.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 274,920 shares of the company’s stock after acquiring an additional 88,039 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Angel Oak Income ETF were worth $5,713,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CARY. Vista Investment Partners LLC increased its stake in shares of Angel Oak Income ETF by 10.1% during the 2nd quarter. Vista Investment Partners LLC now owns 21,291 shares of the company’s stock worth $442,000 after purchasing an additional 1,956 shares during the last quarter. Sonoma Allocations LLC grew its holdings in Angel Oak Income ETF by 42.0% during the second quarter. Sonoma Allocations LLC now owns 154,425 shares of the company’s stock worth $3,207,000 after purchasing an additional 45,647 shares during the period. Central Pacific Bank Trust Division bought a new position in Angel Oak Income ETF during the second quarter worth about $2,718,000. Noble Wealth Management PBC increased its position in Angel Oak Income ETF by 30.2% during the second quarter. Noble Wealth Management PBC now owns 97,261 shares of the company’s stock worth $2,021,000 after buying an additional 22,587 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in Angel Oak Income ETF by 9.0% during the first quarter. NewEdge Advisors LLC now owns 110,153 shares of the company’s stock worth $2,288,000 after buying an additional 9,057 shares during the last quarter.

Angel Oak Income ETF Stock Performance

NASDAQ:CARY opened at $20.68 on Wednesday. The stock’s 50 day moving average price is $20.76 and its two-hundred day moving average price is $20.85. Angel Oak Income ETF has a 12-month low of $20.58 and a 12-month high of $21.55.

Angel Oak Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 31st were issued a dividend of $0.1001 per share. The ex-dividend date of this dividend 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.