Sonoma Allocations LLC Buys 32,061 Shares of Angel Oak Income ETF $CARY

Sonoma Allocations LLC increased its stake in shares of Angel Oak Income ETF (NASDAQ:CARY) by 41.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 108,778 shares of the company’s stock after purchasing an additional 32,061 shares during the period. Angel Oak Income ETF makes up approximately 0.8% of Sonoma Allocations LLC’s investment portfolio, making the stock its 24th largest holding. Sonoma Allocations LLC’s holdings in Angel Oak Income ETF were worth $2,263,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CARY. Truist Financial Corp grew its position in shares of Angel Oak Income ETF by 0.6% during the 4th quarter. Truist Financial Corp now owns 95,399 shares of the company’s stock worth $1,987,000 after buying an additional 588 shares during the period. J. Team Financial Inc. boosted its stake in Angel Oak Income ETF by 0.9% during the 4th quarter. J. Team Financial Inc. now owns 94,104 shares of the company’s stock worth $1,960,000 after acquiring an additional 845 shares during the last quarter. Comerica Bank boosted its stake in Angel Oak Income ETF by 10.4% during the 4th quarter. Comerica Bank now owns 10,193 shares of the company’s stock worth $212,000 after acquiring an additional 958 shares during the last quarter. Hantz Financial Services Inc. acquired a new position in Angel Oak Income ETF during the fourth quarter valued at approximately $30,000. Finally, Bank of America Corp DE bought a new stake in Angel Oak Income ETF in the second quarter valued at approximately $38,000.

Angel Oak Income ETF Stock Performance

CARY opened at $20.74 on Friday. The firm’s fifty day moving average is $20.78 and its two-hundred day moving average is $20.86. Angel Oak Income ETF has a twelve month low of $20.62 and a twelve month high of $21.55.

Angel Oak Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were paid a dividend of $0.1004 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This is a boost 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. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.