Rareview Capital LLC Purchases New Holdings in Angel Oak Income ETF (NASDAQ:CARY)

Rareview Capital LLC acquired a new stake in Angel Oak Income ETF (NASDAQ:CARY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 92,471 shares of the company’s stock, valued at approximately $1,959,000. Angel Oak Income ETF comprises about 1.5% of Rareview Capital LLC’s holdings, making the stock its 24th largest position. Rareview Capital LLC owned 0.52% of Angel Oak Income ETF at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Sanctuary Advisors LLC lifted its position in shares of Angel Oak Income ETF by 3.9% in the fourth quarter. Sanctuary Advisors LLC now owns 83,065 shares of the company’s stock valued at $1,722,000 after buying an additional 3,107 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Angel Oak Income ETF by 2.6% during the fourth quarter. Oppenheimer & Co. Inc. now owns 125,865 shares of the company’s stock worth $2,592,000 after purchasing an additional 3,182 shares during the period. Islay Capital Management LLC bought a new position in shares of Angel Oak Income ETF during the third quarter worth approximately $95,000. Able Wealth Management LLC bought a new position in shares of Angel Oak Income ETF during the fourth quarter worth approximately $257,000. Finally, Tortoise Investment Management LLC increased its stake in shares of Angel Oak Income ETF by 2.3% during the fourth quarter. Tortoise Investment Management LLC now owns 570,304 shares of the company’s stock worth $11,743,000 after purchasing an additional 12,576 shares during the period.

Angel Oak Income ETF Trading Down 0.1 %

Shares of NASDAQ CARY opened at $20.79 on Friday. Angel Oak Income ETF has a 1-year low of $20.18 and a 1-year high of $21.50. The business’s 50 day moving average is $20.69 and its 200-day moving average is $20.85.

Angel Oak Income ETF Increases Dividend

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

Angel Oak Income ETF 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.