Angel Oak UltraShort Income ETF $UYLD Position Boosted by Focus Partners Wealth

Focus Partners Wealth lifted its holdings in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 4.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,130,839 shares of the company’s stock after acquiring an additional 53,130 shares during the quarter. Focus Partners Wealth owned approximately 0.05% of Angel Oak UltraShort Income ETF worth $57,837,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Wealth Enhancement Advisory Services LLC lifted its stake in Angel Oak UltraShort Income ETF by 9.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 9,779,500 shares of the company’s stock valued at $500,627,000 after purchasing an additional 818,375 shares during the last quarter. Gradient Investments LLC acquired a new position in Angel Oak UltraShort Income ETF in the third quarter worth approximately $71,962,000. UBS Group AG grew its position in Angel Oak UltraShort Income ETF by 48.7% in the third quarter. UBS Group AG now owns 720,006 shares of the company’s stock worth $36,825,000 after buying an additional 235,886 shares during the last quarter. CW Advisors LLC increased its holdings in shares of Angel Oak UltraShort Income ETF by 10.4% in the second quarter. CW Advisors LLC now owns 439,652 shares of the company’s stock valued at $22,453,000 after buying an additional 41,358 shares in the last quarter. Finally, Citadel Advisors LLC increased its holdings in shares of Angel Oak UltraShort Income ETF by 1,273.9% in the third quarter. Citadel Advisors LLC now owns 300,188 shares of the company’s stock valued at $15,353,000 after buying an additional 278,338 shares in the last quarter.

Angel Oak UltraShort Income ETF Trading Up 0.0%

Shares of NASDAQ:UYLD opened at $51.19 on Tuesday. The stock has a fifty day moving average of $51.23 and a 200-day moving average of $51.24. Angel Oak UltraShort Income ETF has a one year low of $50.74 and a one year high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a dividend of $0.159 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Angel Oak UltraShort Income ETF Company 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.