Angel Oak UltraShort Income ETF (UYLD) To Go Ex-Dividend on February 27th

Angel Oak UltraShort Income ETF (NASDAQ:UYLD) announced a monthly dividend on Thursday, February 26th. Shareholders of record on Friday, February 27th will be paid a dividend of 0.159 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Friday, February 27th.

Angel Oak UltraShort Income ETF Stock Down 0.2%

Shares of UYLD opened at $51.21 on Friday. The firm’s 50 day moving average is $51.25 and its 200-day moving average is $51.24. Angel Oak UltraShort Income ETF has a 12-month low of $50.74 and a 12-month high of $51.46.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of UYLD. Osaic Holdings Inc. boosted its stake in shares of Angel Oak UltraShort Income ETF by 61.6% during the 4th quarter. Osaic Holdings Inc. now owns 804,220 shares of the company’s stock worth $41,131,000 after acquiring an additional 306,470 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Angel Oak UltraShort Income ETF by 76.0% during the fourth quarter. Royal Bank of Canada now owns 901 shares of the company’s stock valued at $46,000 after purchasing an additional 389 shares during the last quarter. Islay Capital Management LLC boosted its position in shares of Angel Oak UltraShort Income ETF by 5.4% in the 4th quarter. Islay Capital Management LLC now owns 152,077 shares of the company’s stock valued at $7,778,000 after purchasing an additional 7,806 shares during the period. MML Investors Services LLC increased its stake in Angel Oak UltraShort Income ETF by 23.8% in the 4th quarter. MML Investors Services LLC now owns 5,714 shares of the company’s stock worth $292,000 after purchasing an additional 1,099 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its stake in Angel Oak UltraShort Income ETF by 11.5% in the 4th quarter. Kestra Advisory Services LLC now owns 18,194 shares of the company’s stock worth $931,000 after purchasing an additional 1,877 shares in the last quarter.

About Angel Oak UltraShort Income ETF

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.