Advocacy Wealth Management Services LLC Buys 140,275 Shares of Angel Oak Income ETF $CARY

Advocacy Wealth Management Services LLC increased its stake in Angel Oak Income ETF (NASDAQ:CARY) by 7.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,058,325 shares of the company’s stock after acquiring an additional 140,275 shares during the period. Angel Oak Income ETF comprises approximately 2.6% of Advocacy Wealth Management Services LLC’s portfolio, making the stock its 11th largest position. Advocacy Wealth Management Services LLC owned about 7.80% of Angel Oak Income ETF worth $42,813,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in CARY. LPL Financial LLC lifted its stake in Angel Oak Income ETF by 10.5% during the first quarter. LPL Financial LLC now owns 219,008 shares of the company’s stock worth $4,547,000 after purchasing an additional 20,731 shares during the last quarter. Argent Trust Co raised its holdings in shares of Angel Oak Income ETF by 12.8% during the 1st quarter. Argent Trust Co now owns 13,250 shares of the company’s stock valued at $275,000 after buying an additional 1,500 shares in the last quarter. Altfest L J & Co. Inc. lifted its position in Angel Oak Income ETF by 3.2% in the 1st quarter. Altfest L J & Co. Inc. now owns 368,152 shares of the company’s stock worth $7,643,000 after buying an additional 11,538 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Angel Oak Income ETF by 102.7% in the first quarter. Raymond James Financial Inc. now owns 303,363 shares of the company’s stock worth $6,298,000 after buying an additional 153,666 shares in the last quarter. Finally, CW Advisors LLC boosted its stake in Angel Oak Income ETF by 0.7% in the first quarter. CW Advisors LLC now owns 777,786 shares of the company’s stock worth $16,147,000 after buying an additional 5,575 shares in the last quarter.

Angel Oak Income ETF Price Performance

CARY stock opened at $20.95 on Monday. Angel Oak Income ETF has a one year low of $20.40 and a one year high of $21.30. The company’s 50 day moving average price is $20.96 and its two-hundred day moving average price is $20.86.

Angel Oak Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 28th will be given a $0.0914 dividend. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Friday, November 28th.

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.