Legacy CG LLC Buys Shares of 317,559 Angel Oak Income ETF (NASDAQ:CARY)

Legacy CG LLC purchased a new position in shares of Angel Oak Income ETF (NASDAQ:CARY) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 317,559 shares of the company’s stock, valued at approximately $6,593,000. Angel Oak Income ETF comprises 2.1% of Legacy CG LLC’s investment portfolio, making the stock its 15th largest holding. Legacy CG LLC owned about 1.63% of Angel Oak Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Focus Partners Wealth raised its stake in shares of Angel Oak Income ETF by 11.2% during the fourth quarter. Focus Partners Wealth now owns 1,253,129 shares of the company’s stock valued at $25,802,000 after acquiring an additional 126,196 shares during the last quarter. Channel Wealth LLC increased its holdings in Angel Oak Income ETF by 1.9% in the first quarter. Channel Wealth LLC now owns 1,207,227 shares of the company’s stock valued at $25,062,000 after purchasing an additional 23,042 shares during the period. Wells Fargo & Company MN raised its position in Angel Oak Income ETF by 40.4% during the 4th quarter. Wells Fargo & Company MN now owns 1,007,716 shares of the company’s stock worth $20,749,000 after purchasing an additional 289,870 shares during the last quarter. Congress Wealth Management LLC DE lifted its holdings in Angel Oak Income ETF by 1.4% during 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. Finally, Baird Financial Group Inc. lifted its holdings in Angel Oak Income ETF by 5.8% during the 4th quarter. Baird Financial Group Inc. now owns 579,017 shares of the company’s stock worth $11,922,000 after buying an additional 31,718 shares during the period.

Angel Oak Income ETF Stock Performance

Shares of CARY opened at $20.88 on Friday. The business has a 50-day moving average of $20.66 and a 200-day moving average of $20.70. Angel Oak Income ETF has a 1 year low of $20.40 and a 1 year high of $21.50.

Angel Oak Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 30th were paid a dividend of $0.1013 per share. This represents a $1.22 dividend on an annualized basis and a yield of 5.82%. The ex-dividend date was Friday, May 30th.

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.