Mason & Associates Inc Purchases 220,191 Shares of Angel Oak UltraShort Income ETF $UYLD

Mason & Associates Inc raised its holdings in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 455.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 268,513 shares of the company’s stock after purchasing an additional 220,191 shares during the quarter. Angel Oak UltraShort Income ETF makes up approximately 2.2% of Mason & Associates Inc’s portfolio, making the stock its 13th largest holding. Mason & Associates Inc’s holdings in Angel Oak UltraShort Income ETF were worth $13,696,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. NewEdge Advisors LLC raised its position in shares of Angel Oak UltraShort Income ETF by 4.6% in the first quarter. NewEdge Advisors LLC now owns 8,936 shares of the company’s stock valued at $457,000 after purchasing an additional 392 shares during the period. First Trust Advisors LP bought a new position in Angel Oak UltraShort Income ETF in the 2nd quarter worth approximately $397,000. Jane Street Group LLC purchased a new position in Angel Oak UltraShort Income ETF in the 2nd quarter valued at approximately $3,288,000. Snowden Capital Advisors LLC grew its stake in Angel Oak UltraShort Income ETF by 7.3% in the 2nd quarter. Snowden Capital Advisors LLC now owns 8,222 shares of the company’s stock valued at $420,000 after buying an additional 560 shares in the last quarter. Finally, Osaic Holdings Inc. grew its stake in Angel Oak UltraShort Income ETF by 4.9% in the 2nd quarter. Osaic Holdings Inc. now owns 16,396 shares of the company’s stock valued at $837,000 after buying an additional 761 shares in the last quarter.

Angel Oak UltraShort Income ETF Price Performance

Shares of UYLD stock opened at $51.01 on Friday. The company’s fifty day simple moving average is $51.08 and its two-hundred day simple moving average is $51.13. Angel Oak UltraShort Income ETF has a 1 year low of $50.95 and a 1 year high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 31st were given a $0.1799 dividend. The ex-dividend date was Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.