Angel Oak Income ETF (NASDAQ:CARY – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $20.41 and last traded at $20.43, with a volume of 953816 shares. The stock had previously closed at $20.44.
Angel Oak Income ETF Stock Down 0.0%
The firm’s fifty day moving average is $20.68 and its 200 day moving average is $20.79.
Angel Oak Income ETF Cuts Dividend
The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 31st were issued a dividend of $0.0931 per share. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend was Monday, August 31st.
Hedge Funds Weigh In On Angel Oak Income ETF
Angel Oak Income ETF Company Profile
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. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.
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