Angel Oak UltraShort Income ETF $UYLD Shares Sold by Gradient Investments LLC

Gradient Investments LLC lowered its holdings in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 5.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,016,347 shares of the company’s stock after selling 61,325 shares during the period. Gradient Investments LLC owned about 3.34% of Angel Oak UltraShort Income ETF worth $51,839,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of UYLD. Osaic Holdings Inc. grew its position in shares of Angel Oak UltraShort Income ETF by 61.6% in the fourth quarter. Osaic Holdings Inc. now owns 804,220 shares of the company’s stock valued at $41,131,000 after purchasing an additional 306,470 shares during the last quarter. UBS Group AG raised its position in shares of Angel Oak UltraShort Income ETF by 11.6% during the 4th quarter. UBS Group AG now owns 803,675 shares of the company’s stock worth $41,104,000 after purchasing an additional 83,669 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Angel Oak UltraShort Income ETF by 35.1% in the 4th quarter. Wells Fargo & Company MN now owns 437,826 shares of the company’s stock valued at $22,392,000 after buying an additional 113,866 shares in the last quarter. Greenwich Wealth Management LLC lifted its stake in Angel Oak UltraShort Income ETF by 66.3% in the 4th quarter. Greenwich Wealth Management LLC now owns 364,035 shares of the company’s stock valued at $18,618,000 after buying an additional 145,086 shares in the last quarter. Finally, Crescent Grove Advisors LLC lifted its stake in Angel Oak UltraShort Income ETF by 12.1% in the 4th quarter. Crescent Grove Advisors LLC now owns 348,678 shares of the company’s stock valued at $17,916,000 after buying an additional 37,755 shares in the last quarter.

Angel Oak UltraShort Income ETF Trading Up 0.0%

Shares of NASDAQ:UYLD opened at $51.04 on Friday. The business’s fifty day moving average price is $51.08 and its two-hundred day moving average price is $51.15. Angel Oak UltraShort Income ETF has a one year low of $50.96 and a one year high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 31st were given a $0.1939 dividend. The ex-dividend date was Friday, July 31st.

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.