Kestra Advisory Services LLC Boosts Holdings in Angel Oak UltraShort Income ETF $UYLD

Kestra Advisory Services LLC lifted its holdings in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 833.8% in the first quarter, HoldingsChannel reports. The fund owned 169,902 shares of the company’s stock after buying an additional 151,708 shares during the period. Kestra Advisory Services LLC’s holdings in Angel Oak UltraShort Income ETF were worth $8,671,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. bought a new position in shares of Angel Oak UltraShort Income ETF during the 4th quarter valued at $27,000. Royal Bank of Canada lifted its stake in Angel Oak UltraShort Income ETF by 76.0% in the fourth quarter. Royal Bank of Canada now owns 901 shares of the company’s stock worth $46,000 after purchasing an additional 389 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Angel Oak UltraShort Income ETF by 46,300.0% in the third quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock worth $71,000 after purchasing an additional 1,389 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in Angel Oak UltraShort Income ETF by 30.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 5,058 shares of the company’s stock valued at $259,000 after buying an additional 1,176 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its position in Angel Oak UltraShort Income ETF by 18.6% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,328 shares of the company’s stock valued at $272,000 after buying an additional 837 shares during the period.

Angel Oak UltraShort Income ETF Price Performance

Shares of NASDAQ:UYLD opened at $51.04 on Tuesday. The stock’s 50-day moving average price is $51.09 and its 200-day moving average price is $51.16. Angel Oak UltraShort Income ETF has a 12-month low of $50.96 and a 12-month high of $51.46.

Angel Oak UltraShort Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were given a dividend of $0.1998 per share. The ex-dividend date was Tuesday, June 30th. This is a positive change from Angel Oak UltraShort Income ETF’s previous dividend of $0.18.

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.