IFC Advisors Adds $62M Position in Income-Focused CARY ETF
2026-05-04 23:34:27 ET
According to a Securities and Exchange Commission (SEC) filing dated May 4, 2026, IFC Advisors LLC initiated a new position in Angel Oak Income ETF (NASDAQ:CARY) by acquiring 2,971,014 shares. The estimated transaction value, based on the mean unadjusted closing price for the quarter ended March 31, 2026, is $62.20 million. The quarter-end value of the stake reflects a $61.72 million increase, encompassing both share purchases and price movements.
Angel Oak Income ETF is a fixed-income ETF with a $1.01 billion market capitalization, focused on generating stable income and capital appreciation through diversified exposure to structured credit. The fund employs a disciplined strategy that combines macroeconomic analysis with rigorous credit selection, seeking relative value opportunities across mortgage-backed and asset-backed securities. With an annualized dividend yield of 5.98% and a one-year total return of 6.91%, the ETF aims to appeal to institutional and income-focused investors seeking differentiated fixed income exposure.
IFC Advisors’ new position in the Angel Oak Income ETF (CARY) stands out, given how different it is from its other top holdings.
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