Worth Asset Management LLC Lowers Position in Angel Oak Income ETF (NASDAQ:CARY)

Worth Asset Management LLC decreased its holdings in shares of Angel Oak Income ETF (NASDAQ:CARY) by 74.1% in the 4th quarter, Holdings Channel reports. The firm owned 12,187 shares of the company’s stock after selling 34,779 shares during the period. Worth Asset Management LLC’s holdings in Angel Oak Income ETF were worth $251,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Executive Wealth Management LLC bought a new position in shares of Angel Oak Income ETF in the 2nd quarter worth $19,820,000. Axxcess Wealth Management LLC increased its stake in Angel Oak Income ETF by 4.1% in the second quarter. Axxcess Wealth Management LLC now owns 433,754 shares of the company’s stock valued at $8,935,000 after acquiring an additional 16,943 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Angel Oak Income ETF during the second quarter worth about $1,128,000. Firethorn Wealth Partners LLC lifted its stake in Angel Oak Income ETF by 9.0% during the third quarter. Firethorn Wealth Partners LLC now owns 11,331 shares of the company’s stock worth $240,000 after purchasing an additional 937 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its position in shares of Angel Oak Income ETF by 14.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 2,030,608 shares of the company’s stock valued at $43,029,000 after purchasing an additional 257,402 shares during the last quarter.

Angel Oak Income ETF Stock Performance

Shares of NASDAQ CARY traded up $0.04 during trading hours on Wednesday, reaching $20.57. 25,420 shares of the stock traded hands, compared to its average volume of 112,546. Angel Oak Income ETF has a 52-week low of $20.18 and a 52-week high of $21.50. The company’s 50-day simple moving average is $20.78 and its two-hundred day simple moving average is $20.90.

Angel Oak Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Tuesday, December 31st were issued a $0.2094 dividend. This is a positive change from Angel Oak Income ETF’s previous dividend of $0.13. The ex-dividend date was Tuesday, December 31st.