Sonoma Allocations LLC Acquires 32,061 Shares of Angel Oak Income ETF $CARY

Sonoma Allocations LLC increased its holdings in shares of Angel Oak Income ETF (NASDAQ:CARY) by 41.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 108,778 shares of the company’s stock after acquiring an additional 32,061 shares during the period. Angel Oak Income ETF comprises about 0.8% of Sonoma Allocations LLC’s investment portfolio, making the stock its 24th biggest position. Sonoma Allocations LLC owned 0.21% of Angel Oak Income ETF worth $2,263,000 at the end of the most recent quarter.

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

Angel Oak Income ETF Price Performance

CARY stock opened at $20.74 on Friday. The business has a fifty day moving average price of $20.78 and a 200 day moving average price of $20.86. 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. Investors of record on Tuesday, June 30th were issued a $0.1004 dividend. This is a positive change from Angel Oak Income ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Tuesday, June 30th.

Angel Oak Income ETF Company 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.