Independent Financial Group LLC Purchases New Stake in Angel Oak Income ETF $CARY

Independent Financial Group LLC acquired a new position in shares of Angel Oak Income ETF (NASDAQ:CARY) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 116,157 shares of the company’s stock, valued at approximately $2,413,000. Independent Financial Group LLC owned 0.22% of Angel Oak Income ETF as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Wealthcare Advisory Partners LLC raised its position in shares of Angel Oak Income ETF by 1,125.8% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 173,579 shares of the company’s stock valued at $3,615,000 after buying an additional 159,418 shares in the last quarter. MBL Wealth LLC boosted its position in shares of Angel Oak Income ETF by 6.5% during the 4th quarter. MBL Wealth LLC now owns 520,038 shares of the company’s stock worth $10,830,000 after acquiring an additional 31,933 shares in the last quarter. Channel Wealth LLC increased its stake in 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. UBS Group AG increased its stake in Angel Oak Income ETF by 44.9% in the fourth quarter. UBS Group AG now owns 2,174,367 shares of the company’s stock valued at $45,283,000 after acquiring an additional 673,805 shares during the last quarter. Finally, Tortoise Investment Management LLC raised its position in Angel Oak Income ETF by 5.2% during the fourth quarter. Tortoise Investment Management LLC now owns 647,945 shares of the company’s stock valued at $13,494,000 after purchasing an additional 31,839 shares in the last quarter.

Angel Oak Income ETF Stock Performance

NASDAQ CARY opened at $20.78 on Friday. The business has a fifty day moving average price of $20.79 and a two-hundred day moving average price of $20.87. Angel Oak Income ETF has a fifty-two week low of $20.62 and a fifty-two week high of $21.55.

Angel Oak Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.1004 per share. 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.