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Angel Oak Income ETF - $CARY STOCK NEWS

Welcome to our dedicated page for Angel Oak Income ETF news (Ticker: $CARY), a resource for investors and traders seeking the latest updates and insights on Angel Oak Income ETF stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Angel Oak Income ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Angel Oak Income ETF's position in the market.

Rhea-AI Summary
Angel Oak Capital Advisors LLC announced that its Angel Oak Income ETF (NYSE: CARY) has crossed $100 million in assets under management, with the firm having more than $220 million in assets across CARY and UYLD. The ETF has delivered an annualized 9.70% since its inception in November 2022, serving as an income solution for advisers and institutions seeking access to non-agency residential mortgage-backed securities and other structured credit assets. The firm plans to continue delivering new and innovative funds in 2024, expecting unique opportunities in structured credit.
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Rhea-AI Summary
Angel Oak Capital Advisors, LLC (Ticker: AOCA) announces organizational changes, with Namit Sinha being named CIO of Angel Oak Capital and Clayton Triick moving to Head of Portfolio Management of Public Strategies. The promotions will be effective March 31, 2024. Sinha has over 20 years of experience in fixed income products and will lead the firm's public and private investment strategies. Triick, with over 12 years at Angel Oak, will oversee the portfolio managers and analysts dedicated to the firm’s public strategies. The changes come in preparation for the planned departures of Sam Dunlap and Colin McBurnette in the second half of 2024.
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0.24%
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Rhea-AI Summary
Angel Oak Capital Advisors announces that the Angel Oak UltraShort Income ETF has surpassed $100 million in assets under management within one year of its launch. The company's ETF platform has grown to approximately $300 million in assets under advisement across its two funds and sub-advisory services. The UYLD ETF offers investors a distinct yield profile through its investments in non-agency residential mortgage-backed securities and consumer-based asset-backed securities, with a duration below one year. The fund has delivered a 5.95% total return since its inception.
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Rhea-AI Sentiment
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Angel Oak Income ETF

NYSE:CARY

CARY Rankings

CARY Stock Data

9.42M
United States of America