Axxcess Wealth Management LLC Increases Stake in Angel Oak Income ETF (NYSEARCA:CARY)

Axxcess Wealth Management LLC raised its holdings in Angel Oak Income ETF (NYSEARCA:CARY) by 322.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 379,163 shares of the company’s stock after acquiring an additional 289,460 shares during the quarter. Axxcess Wealth Management LLC owned 19.44% of Angel Oak Income ETF worth $7,758,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in CARY. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in Angel Oak Income ETF during the 4th quarter worth about $237,000. Raymond James & Associates purchased a new position in Angel Oak Income ETF in the fourth quarter valued at approximately $383,000. Wright Fund Management LLC acquired a new position in Angel Oak Income ETF during the third quarter valued at approximately $468,000. Congress Wealth Management LLC DE raised its stake in shares of Angel Oak Income ETF by 6.5% in the 3rd quarter. Congress Wealth Management LLC DE now owns 216,209 shares of the company’s stock valued at $4,346,000 after acquiring an additional 13,258 shares during the period. Finally, MBL Wealth LLC acquired a new position in shares of Angel Oak Income ETF during the 4th quarter valued at $4,783,000.

Angel Oak Income ETF Price Performance

Shares of CARY stock traded up $0.05 during trading hours on Friday, reaching $20.37. The company had a trading volume of 48,854 shares, compared to its average volume of 88,546. Angel Oak Income ETF has a twelve month low of $19.89 and a twelve month high of $21.60. The stock’s fifty day simple moving average is $20.43 and its 200 day simple moving average is $20.37.

About Angel Oak Income ETF

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.