Wells Fargo & Company MN Has $20.75 Million Stock Holdings in Angel Oak Income ETF (NASDAQ:CARY)

Wells Fargo & Company MN increased its stake in shares of Angel Oak Income ETF (NASDAQ:CARY) by 40.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,007,716 shares of the company’s stock after buying an additional 289,870 shares during the period. Wells Fargo & Company MN owned approximately 0.06% of Angel Oak Income ETF worth $20,749,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC raised its stake 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 worth $1,722,000 after acquiring an additional 3,107 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of Angel Oak Income ETF by 2.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 125,865 shares of the company’s stock valued at $2,592,000 after purchasing an additional 3,182 shares in the last quarter. Congress Wealth Management LLC DE raised its position in Angel Oak Income ETF by 1.4% in the 4th quarter. Congress Wealth Management LLC DE now owns 772,211 shares of the company’s stock worth $15,900,000 after purchasing an additional 10,750 shares during the last quarter. Axxcess Wealth Management LLC lifted its holdings in Angel Oak Income ETF by 3.6% during the 4th quarter. Axxcess Wealth Management LLC now owns 339,606 shares of the company’s stock worth $6,992,000 after buying an additional 11,867 shares in the last quarter. Finally, Able Wealth Management LLC acquired a new position in Angel Oak Income ETF during the 4th quarter worth $257,000.

Angel Oak Income ETF Price Performance

NASDAQ CARY opened at $20.57 on Friday. Angel Oak Income ETF has a 52 week low of $20.18 and a 52 week high of $21.50. The stock has a fifty day moving average of $20.75 and a 200-day moving average of $20.79.

Angel Oak Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were given a $0.0879 dividend. The ex-dividend date of this dividend was Monday, March 31st.

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.