What happened
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 (CARY 0.10%) 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.
What else to know
- This is a new position for IFC Advisors LLC, representing 8.83% of the fund’s reportable U.S. equity assets under management after the trade.
- Top holdings after the filing:
- NYSEMKT:VTV: $114.95 million (16.4% of AUM)
- NYSEMKT:MGK: $68.90 million (9.9% of AUM)
- NYSEMKT:PREF: $51.38 million (7.4% of AUM)
- NYSEMKT:VO: $37.65 million (5.4% of AUM)
- NASDAQ:UYLD: $16.02 million (2.3% of AUM)
- As of May 4, 2026, shares of Angel…
