9823 Capital L.P. Takes $1.40 Million Position in Angel Oak Income ETF $CARY

9823 Capital L.P. bought a new stake in Angel Oak Income ETF (NASDAQ:CARY) during the fourth quarter, HoldingsChannel.com reports. The fund bought 67,183 shares of the company’s stock, valued at approximately $1,399,000. Angel Oak Income ETF accounts for 1.0% of 9823 Capital L.P.’s holdings, making the stock its 13th biggest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wealthcare Advisory Partners LLC raised its holdings in shares of Angel Oak Income ETF by 1,125.8% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 173,579 shares of the company’s stock valued at $3,615,000 after purchasing an additional 159,418 shares during the period. MBL Wealth LLC raised its holdings in shares of Angel Oak Income ETF by 6.5% in the 4th quarter. MBL Wealth LLC now owns 520,038 shares of the company’s stock valued at $10,830,000 after purchasing an additional 31,933 shares during the period. Channel Wealth LLC raised its holdings in shares of Angel Oak Income ETF by 6.6% in the 4th quarter. Channel Wealth LLC now owns 1,152,894 shares of the company’s stock valued at $24,010,000 after purchasing an additional 71,751 shares during the period. UBS Group AG raised its holdings in shares of Angel Oak Income ETF by 44.9% in the 4th quarter. UBS Group AG now owns 2,174,367 shares of the company’s stock valued at $45,283,000 after purchasing an additional 673,805 shares during the period. Finally, Omnitrust Wealth Management Inc bought a new stake in shares of Angel Oak Income ETF in the 4th quarter valued at about $540,000.

Angel Oak Income ETF Price Performance

Angel Oak Income ETF stock opened at $20.80 on Thursday. Angel Oak Income ETF has a twelve month low of $20.65 and a twelve month high of $21.55. The company’s 50-day moving average price is $20.82 and its two-hundred day moving average price is $20.89.

Angel Oak Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 29th were issued a $0.0876 dividend. The ex-dividend date of this dividend was Friday, May 29th.

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. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.