Raymond James Financial Inc. Acquires New Holdings in Angel Oak Income ETF (NASDAQ:CARY)

Raymond James Financial Inc. bought a new stake in shares of Angel Oak Income ETF (NASDAQ:CARY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 149,697 shares of the company’s stock, valued at approximately $3,082,000. Raymond James Financial Inc. owned approximately 0.84% of Angel Oak Income ETF at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of CARY. Able Wealth Management LLC acquired a new stake in shares of Angel Oak Income ETF in the fourth quarter worth $257,000. Consolidated Portfolio Review Corp purchased a new position in shares of Angel Oak Income ETF during the 4th quarter valued at approximately $324,000. Oregon Pacific Wealth Management LLC acquired a new stake in shares of Angel Oak Income ETF in the fourth quarter valued at about $415,000. Jane Street Group LLC purchased a new stake in Angel Oak Income ETF during the 3rd quarter worth approximately $680,000. Finally, Fiduciary Trust Co acquired a new position in Angel Oak Income ETF in the 3rd quarter valued at $943,000.

Angel Oak Income ETF Stock Performance

CARY opened at $20.81 on Friday. The firm’s 50-day moving average price is $20.74 and its 200 day moving average price is $20.83. Angel Oak Income ETF has a twelve month low of $20.18 and a twelve month high of $21.50.

Angel Oak Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 28th were issued 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.