Rareview Capital LLC Makes New $1.96 Million Investment in Angel Oak Income ETF (NASDAQ:CARY)

Rareview Capital LLC acquired a new position in shares of Angel Oak Income ETF (NASDAQ:CARY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 92,471 shares of the company’s stock, valued at approximately $1,959,000. Angel Oak Income ETF accounts for approximately 1.5% of Rareview Capital LLC’s portfolio, making the stock its 24th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC increased its stake in Angel Oak Income ETF by 3.9% during the 4th quarter. Sanctuary Advisors LLC now owns 83,065 shares of the company’s stock worth $1,722,000 after acquiring an additional 3,107 shares during the period. Oppenheimer & Co. Inc. increased its stake in Angel Oak Income ETF by 2.6% during the 4th quarter. Oppenheimer & Co. Inc. now owns 125,865 shares of the company’s stock worth $2,592,000 after acquiring an additional 3,182 shares during the period. Islay Capital Management LLC bought a new position in Angel Oak Income ETF during the 3rd quarter worth $95,000. Able Wealth Management LLC bought a new position in Angel Oak Income ETF during the 4th quarter worth $257,000. Finally, Tortoise Investment Management LLC increased its stake in Angel Oak Income ETF by 2.3% during the 4th quarter. Tortoise Investment Management LLC now owns 570,304 shares of the company’s stock worth $11,743,000 after acquiring an additional 12,576 shares during the period.

Angel Oak Income ETF Stock Performance

Angel Oak Income ETF stock opened at $20.79 on Friday. The stock’s fifty day moving average price is $20.69 and its two-hundred day moving average price is $20.85. Angel Oak Income ETF has a one year low of $20.18 and a one year high of $21.50.

Angel Oak Income ETF Increases Dividend

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