Crescent Grove Advisors LLC Raises Stake in Angel Oak Income ETF (NASDAQ:CARY)

Crescent Grove Advisors LLC increased its stake in shares of Angel Oak Income ETF (NASDAQ:CARY) by 7.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 541,504 shares of the company’s stock after buying an additional 36,920 shares during the quarter. Angel Oak Income ETF makes up about 1.1% of Crescent Grove Advisors LLC’s portfolio, making the stock its 23rd largest position. Crescent Grove Advisors LLC’s holdings in Angel Oak Income ETF were worth $11,263,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in CARY. Islay Capital Management LLC purchased a new position in shares of Angel Oak Income ETF during the 3rd quarter valued at $95,000. Farther Finance Advisors LLC purchased a new stake in Angel Oak Income ETF during the third quarter valued at about $194,000. Firethorn Wealth Partners LLC lifted its holdings 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 valued at $240,000 after purchasing an additional 937 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in Angel Oak Income ETF by 6.1% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 22,198 shares of the company’s stock worth $470,000 after purchasing an additional 1,286 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of Angel Oak Income ETF in the third quarter worth about $680,000.

Angel Oak Income ETF Stock Performance

Shares of CARY stock opened at $20.62 on Friday. The firm’s 50 day moving average is $20.72 and its 200 day moving average is $20.89. Angel Oak Income ETF has a 12 month low of $20.18 and a 12 month high of $21.50.

Angel Oak Income ETF Increases Dividend

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