Axxcess Wealth Management LLC Grows Position in Angel Oak Income ETF (NYSEARCA:CARY)

Axxcess Wealth Management LLC raised its stake in shares of Angel Oak Income ETF (NYSEARCA:CARY) by 322.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 379,163 shares of the company’s stock after acquiring an additional 289,460 shares during the period. Axxcess Wealth Management LLC owned approximately 0.19% of Angel Oak Income ETF worth $7,758,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Congress Wealth Management LLC DE lifted its position in shares of Angel Oak Income ETF by 6.5% during the 3rd quarter. Congress Wealth Management LLC DE now owns 216,209 shares of the company’s stock valued at $4,346,000 after acquiring an additional 13,258 shares during the period. Wright Fund Management LLC acquired a new stake in Angel Oak Income ETF in the third quarter valued at $468,000. Channel Wealth LLC boosted its position in Angel Oak Income ETF by 47.8% during the fourth quarter. Channel Wealth LLC now owns 436,357 shares of the company’s stock worth $8,928,000 after acquiring an additional 141,174 shares during the last quarter. Raymond James & Associates purchased a new stake in Angel Oak Income ETF in the 4th quarter worth approximately $383,000. Finally, MBL Wealth LLC purchased a new position in shares of Angel Oak Income ETF during the 4th quarter worth $4,783,000.

Angel Oak Income ETF Price Performance

Shares of NYSEARCA:CARY traded up $0.05 during midday trading on Friday, reaching $20.37. The company’s stock had a trading volume of 48,854 shares, compared to its average volume of 88,546. The business has a 50 day moving average price of $20.43 and a 200 day moving average price of $20.37. Angel Oak Income ETF has a 1 year low of $19.89 and a 1 year high of $21.60.

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.