Janney Montgomery Scott LLC Increases Stock Holdings in Angel Oak Income ETF $CARY

Janney Montgomery Scott LLC lifted its stake in shares of Angel Oak Income ETF (NASDAQ:CARY) by 103.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 198,740 shares of the company’s stock after buying an additional 101,252 shares during the quarter. Janney Montgomery Scott LLC owned 0.78% of Angel Oak Income ETF worth $4,134,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Arkadios Wealth Advisors grew its stake in Angel Oak Income ETF by 0.9% during the 1st quarter. Arkadios Wealth Advisors now owns 2,253,670 shares of the company’s stock valued at $46,786,000 after purchasing an additional 19,196 shares in the last quarter. Advocacy Wealth Management Services LLC grew its stake in Angel Oak Income ETF by 6.3% during the 1st quarter. Advocacy Wealth Management Services LLC now owns 1,918,050 shares of the company’s stock valued at $39,819,000 after purchasing an additional 114,075 shares in the last quarter. Focus Partners Wealth grew its stake in Angel Oak Income ETF by 4.5% during the 1st quarter. Focus Partners Wealth now owns 1,309,930 shares of the company’s stock valued at $27,194,000 after purchasing an additional 56,801 shares in the last quarter. CW Advisors LLC grew its stake in Angel Oak Income ETF by 0.7% during the 1st quarter. CW Advisors LLC now owns 777,786 shares of the company’s stock valued at $16,147,000 after purchasing an additional 5,575 shares in the last quarter. Finally, Tortoise Investment Management LLC grew its stake in Angel Oak Income ETF by 3.4% during the 1st quarter. Tortoise Investment Management LLC now owns 589,651 shares of the company’s stock valued at $12,241,000 after purchasing an additional 19,347 shares in the last quarter.

Angel Oak Income ETF Trading Down 0.0%

Shares of CARY opened at $20.91 on Wednesday. The stock has a 50 day moving average of $20.93 and a 200-day moving average of $20.78. Angel Oak Income ETF has a 52 week low of $20.40 and a 52 week high of $21.50.

Angel Oak Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were given a $0.1259 dividend. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date was Tuesday, September 30th. This is a positive change from Angel Oak Income ETF’s previous monthly dividend of $0.09.

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.