Angel Oak UltraShort Income ETF $UYLD Shares Bought by Precision Wealth Strategies LLC

Precision Wealth Strategies LLC lifted its stake in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 35.0% in the 1st quarter, Holdings Channel reports. The fund owned 165,111 shares of the company’s stock after acquiring an additional 42,784 shares during the quarter. Angel Oak UltraShort Income ETF accounts for approximately 2.8% of Precision Wealth Strategies LLC’s investment portfolio, making the stock its 8th biggest position. Precision Wealth Strategies LLC’s holdings in Angel Oak UltraShort Income ETF were worth $8,426,000 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 UYLD. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Angel Oak UltraShort Income ETF during the fourth quarter worth $27,000. Royal Bank of Canada increased its holdings in Angel Oak UltraShort Income ETF by 76.0% during the 4th quarter. Royal Bank of Canada now owns 901 shares of the company’s stock worth $46,000 after purchasing an additional 389 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Angel Oak UltraShort Income ETF by 46,300.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock worth $71,000 after purchasing an additional 1,389 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in Angel Oak UltraShort Income ETF by 30.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 5,058 shares of the company’s stock worth $259,000 after purchasing an additional 1,176 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC raised its stake in shares of Angel Oak UltraShort Income ETF by 18.6% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 5,328 shares of the company’s stock valued at $272,000 after purchasing an additional 837 shares during the period.

Angel Oak UltraShort Income ETF Price Performance

UYLD opened at $51.11 on Friday. The business’s 50-day moving average price is $51.09 and its two-hundred day moving average price is $51.16. Angel Oak UltraShort Income ETF has a 1 year low of $50.96 and a 1 year high of $51.46.

Angel Oak UltraShort Income ETF Increases Dividend

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

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.