Crescent Grove Advisors LLC Sells 31,251 Shares of Angel Oak Income ETF (NYSEARCA:CARY)

Crescent Grove Advisors LLC reduced its stake in Angel Oak Income ETF (NYSEARCA:CARY) by 5.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 504,584 shares of the company’s stock after selling 31,251 shares during the quarter. Angel Oak Income ETF makes up approximately 1.1% of Crescent Grove Advisors LLC’s investment portfolio, making the stock its 22nd biggest position. Crescent Grove Advisors LLC owned approximately 5.40% of Angel Oak Income ETF worth $10,738,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new stake in shares of Angel Oak Income ETF in the third quarter worth $194,000. Vista Investment Partners LLC bought a new stake in Angel Oak Income ETF during the first quarter valued at about $225,000. Firethorn Wealth Partners LLC raised its holdings in Angel Oak Income ETF by 9.0% during the third quarter. Firethorn Wealth Partners LLC now owns 11,331 shares of the company’s stock valued at $240,000 after acquiring an additional 937 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of Angel Oak Income ETF by 49.6% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 20,912 shares of the company’s stock valued at $431,000 after acquiring an additional 6,930 shares in the last quarter. Finally, Worth Asset Management LLC bought a new position in shares of Angel Oak Income ETF in the third quarter worth about $995,000.

Angel Oak Income ETF Price Performance

Shares of CARY opened at $20.74 on Wednesday. The business’s 50 day moving average is $21.08 and its 200 day moving average is $20.80. Angel Oak Income ETF has a 12-month low of $19.95 and a 12-month high of $21.60.

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.