Omnitrust Wealth Management Inc Invests $540,000 in Angel Oak Income ETF $CARY

Omnitrust Wealth Management Inc bought a new position in shares of Angel Oak Income ETF (NASDAQ:CARY) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 25,940 shares of the company’s stock, valued at approximately $540,000. Angel Oak Income ETF makes up about 0.7% of Omnitrust Wealth Management Inc’s portfolio, making the stock its 28th largest position. Omnitrust Wealth Management Inc owned approximately 0.07% of Angel Oak Income ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in CARY. Hantz Financial Services Inc. bought a new stake in shares of Angel Oak Income ETF during the fourth quarter worth about $30,000. Bank of America Corp DE bought a new stake in shares of Angel Oak Income ETF during the second quarter worth about $38,000. Lloyd Advisory Services LLC. bought a new stake in shares of Angel Oak Income ETF during the fourth quarter worth about $118,000. Comerica Bank increased its position in shares of Angel Oak Income ETF by 12.2% during the third quarter. Comerica Bank now owns 9,235 shares of the company’s stock worth $193,000 after acquiring an additional 1,007 shares in the last quarter. Finally, Stratos Wealth Partners LTD. bought a new stake in shares of Angel Oak Income ETF during the third quarter worth about $205,000.

Angel Oak Income ETF Price Performance

NASDAQ:CARY opened at $20.72 on Monday. The firm has a 50-day moving average of $20.82 and a 200-day moving average of $20.90. Angel Oak Income ETF has a one year low of $20.57 and a one year high of $21.55.

Angel Oak Income ETF Cuts Dividend

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

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.