Wells Fargo & Company MN Has $20.75 Million Position in Angel Oak Income ETF (NASDAQ:CARY)

Wells Fargo & Company MN raised its stake in shares of Angel Oak Income ETF (NASDAQ:CARY) by 40.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,007,716 shares of the company’s stock after purchasing an additional 289,870 shares during the period. Wells Fargo & Company MN owned 5.67% of Angel Oak Income ETF worth $20,749,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CARY. Arkadios Wealth Advisors increased its stake in shares of Angel Oak Income ETF by 10.0% in the fourth quarter. Arkadios Wealth Advisors now owns 2,234,474 shares of the company’s stock worth $46,008,000 after purchasing an additional 203,866 shares during the period. Channel Wealth LLC increased its position in Angel Oak Income ETF by 10.9% in the 4th quarter. Channel Wealth LLC now owns 1,184,185 shares of the company’s stock worth $24,382,000 after buying an additional 116,206 shares during the period. Congress Wealth Management LLC DE increased its position in Angel Oak Income ETF by 1.4% in the 4th quarter. Congress Wealth Management LLC DE now owns 772,211 shares of the company’s stock worth $15,900,000 after buying an additional 10,750 shares during the period. Tortoise Investment Management LLC lifted its holdings in shares of Angel Oak Income ETF by 2.3% during the fourth quarter. Tortoise Investment Management LLC now owns 570,304 shares of the company’s stock worth $11,743,000 after buying an additional 12,576 shares during the last quarter. Finally, Crescent Grove Advisors LLC boosted its position in shares of Angel Oak Income ETF by 7.3% in the fourth quarter. Crescent Grove Advisors LLC now owns 541,504 shares of the company’s stock valued at $11,263,000 after acquiring an additional 36,920 shares during the period.

Angel Oak Income ETF Stock Down 0.1 %

Shares of CARY stock opened at $20.57 on Friday. Angel Oak Income ETF has a 1 year low of $20.18 and a 1 year high of $21.50. The firm’s fifty day simple moving average is $20.75 and its 200 day simple moving average is $20.79.

Angel Oak Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were issued a dividend of $0.0879 per share. The ex-dividend date of this dividend was Monday, March 31st.

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.