Congress Wealth Management LLC DE Purchases 10,750 Shares of Angel Oak Income ETF (NASDAQ:CARY)

Congress Wealth Management LLC DE lifted its position in Angel Oak Income ETF (NASDAQ:CARY) by 1.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 772,211 shares of the company’s stock after purchasing an additional 10,750 shares during the quarter. Congress Wealth Management LLC DE owned 4.34% of Angel Oak Income ETF worth $15,900,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CARY. Jane Street Group LLC acquired a new position in shares of Angel Oak Income ETF in the 3rd quarter valued at $680,000. Janney Montgomery Scott LLC acquired a new position in Angel Oak Income ETF in the fourth quarter worth about $1,244,000. Sanctuary Advisors LLC lifted its stake in Angel Oak Income ETF by 3.9% during the fourth quarter. Sanctuary Advisors LLC now owns 83,065 shares of the company’s stock worth $1,722,000 after purchasing an additional 3,107 shares during the period. Fiduciary Trust Co acquired a new stake in Angel Oak Income ETF during the third quarter valued at approximately $943,000. Finally, Rareview Capital LLC bought a new stake in shares of Angel Oak Income ETF in the 4th quarter valued at approximately $1,959,000.

Angel Oak Income ETF Price Performance

Shares of CARY opened at $20.83 on Tuesday. Angel Oak Income ETF has a 1 year low of $20.18 and a 1 year high of $21.50. The stock has a 50 day simple moving average of $20.72 and a 200-day simple moving average of $20.84.

Angel Oak Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 28th were paid a dividend of $0.0942 per share. This is a positive change from Angel Oak Income ETF’s previous dividend of $0.09. The ex-dividend date was Friday, February 28th.

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.