Huntington National Bank Increases Holdings in Angel Oak Income ETF $CARY

Huntington National Bank boosted its stake in Angel Oak Income ETF (NASDAQ:CARY) by 31.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,923 shares of the company’s stock after purchasing an additional 3,058 shares during the period. Huntington National Bank’s holdings in Angel Oak Income ETF were worth $269,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of Angel Oak Income ETF by 73.7% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 22,437 shares of the company’s stock worth $467,000 after buying an additional 9,518 shares during the period. Atria Investments Inc raised its holdings in shares of Angel Oak Income ETF by 276.1% during the 2nd quarter. Atria Investments Inc now owns 149,275 shares of the company’s stock valued at $3,105,000 after buying an additional 109,590 shares during the period. Arkadios Wealth Advisors lifted its position in Angel Oak Income ETF by 1.7% during the 2nd quarter. Arkadios Wealth Advisors now owns 2,291,182 shares of the company’s stock worth $47,657,000 after acquiring an additional 37,512 shares in the last quarter. Mendel Money Management boosted its holdings in Angel Oak Income ETF by 8.4% in the 2nd quarter. Mendel Money Management now owns 124,342 shares of the company’s stock worth $2,586,000 after acquiring an additional 9,630 shares during the period. Finally, Envestnet Asset Management Inc. acquired a new stake in Angel Oak Income ETF in the second quarter valued at approximately $7,455,000.

Angel Oak Income ETF Trading Up 0.0%

CARY opened at $20.92 on Friday. The firm’s 50 day moving average is $20.97 and its 200-day moving average is $20.82. Angel Oak Income ETF has a 52-week low of $20.40 and a 52-week high of $21.30.

Angel Oak Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 31st were paid a dividend of $0.1015 per share. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) annualized dividend and a yield of 5.8%.

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.