Congress Wealth Management LLC DE Purchases 111,095 Shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD)

Congress Wealth Management LLC DE boosted its stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 43.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 368,385 shares of the company’s stock after buying an additional 111,095 shares during the quarter. Congress Wealth Management LLC DE owned approximately 2.59% of Angel Oak UltraShort Income ETF worth $18,812,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of UYLD. Raymond James Financial Inc. purchased a new stake in shares of Angel Oak UltraShort Income ETF during the 4th quarter valued at $232,000. RFG Advisory LLC purchased a new stake in shares of Angel Oak UltraShort Income ETF during the 4th quarter valued at $385,000. Concurrent Investment Advisors LLC increased its position in shares of Angel Oak UltraShort Income ETF by 49.1% during the 4th quarter. Concurrent Investment Advisors LLC now owns 15,026 shares of the company’s stock valued at $767,000 after purchasing an additional 4,950 shares during the last quarter. Secure Asset Management LLC increased its position in shares of Angel Oak UltraShort Income ETF by 14.5% during the 4th quarter. Secure Asset Management LLC now owns 19,028 shares of the company’s stock valued at $972,000 after purchasing an additional 2,416 shares during the last quarter. Finally, Sentinel Pension Advisors Inc. increased its position in shares of Angel Oak UltraShort Income ETF by 30.2% during the 4th quarter. Sentinel Pension Advisors Inc. now owns 19,119 shares of the company’s stock valued at $976,000 after purchasing an additional 4,435 shares during the last quarter.

Angel Oak UltraShort Income ETF Price Performance

Shares of UYLD opened at $51.28 on Monday. The business has a 50-day moving average of $51.20 and a 200 day moving average of $51.20. Angel Oak UltraShort Income ETF has a fifty-two week low of $50.75 and a fifty-two week high of $51.44.

Angel Oak UltraShort Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 28th were issued a $0.1968 dividend. The ex-dividend date of this dividend was Friday, February 28th.

Angel Oak UltraShort Income ETF Profile

The Angel Oak UltraShort Income ETF (UYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a broad portfolio of fixed income securities of various credit qualities. Selection is based on fundamental analysis and managed to provide a dollar-weighted average maturity of less than two years UYLD was launched on Oct 24, 2022 and is issued by Angel Oak.