Angel Oak Income ETF (CARY) to Issue Dividend of $0.09 on June 1st

Angel Oak Income ETF (NASDAQ:CARY) declared a dividend on Thursday, May 28th, NASDAQ Dividends reports. Stockholders of record on Friday, May 29th will be paid a dividend of 0.0876 per share on Monday, June 1st. The ex-dividend date is Friday, May 29th.

Angel Oak Income ETF Price Performance

Shares of CARY stock opened at $20.78 on Friday. The business has a 50-day simple moving average of $20.83 and a 200-day simple moving average of $20.91. Angel Oak Income ETF has a 52-week low of $20.51 and a 52-week high of $21.55.

Hedge Funds Weigh In On Angel Oak Income ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Truist Financial Corp boosted its position in Angel Oak Income ETF by 0.6% during the fourth quarter. Truist Financial Corp now owns 95,399 shares of the company’s stock worth $1,987,000 after purchasing an additional 588 shares in the last quarter. J. Team Financial Inc. boosted its position in Angel Oak Income ETF by 0.9% during the fourth quarter. J. Team Financial Inc. now owns 94,104 shares of the company’s stock worth $1,960,000 after purchasing an additional 845 shares in the last quarter. AE Wealth Management LLC boosted its position in Angel Oak Income ETF by 2.6% during the third quarter. AE Wealth Management LLC now owns 35,822 shares of the company’s stock worth $749,000 after purchasing an additional 916 shares in the last quarter. Comerica Bank boosted its position in Angel Oak Income ETF by 10.4% during the fourth quarter. Comerica Bank now owns 10,193 shares of the company’s stock worth $212,000 after purchasing an additional 958 shares in the last quarter. Finally, Mendel Money Management boosted its position in Angel Oak Income ETF by 0.9% during the third quarter. Mendel Money Management now owns 125,508 shares of the company’s stock worth $2,624,000 after purchasing an additional 1,166 shares in the last quarter.

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.