Angel Oak UltraShort Income ETF (UYLD) To Go Ex-Dividend on November 28th

Angel Oak UltraShort Income ETF (NASDAQ:UYLD) announced a monthly dividend on Wednesday, November 26th. Stockholders of record on Friday, November 28th will be given a dividend of 0.1756 per share on Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Friday, November 28th.

Angel Oak UltraShort Income ETF Price Performance

Shares of UYLD opened at $51.31 on Friday. The company’s fifty day moving average price is $51.25 and its 200-day moving average price is $51.20. Angel Oak UltraShort Income ETF has a 1-year low of $50.74 and a 1-year high of $51.46.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Gradient Investments LLC purchased a new position in shares of Angel Oak UltraShort Income ETF in the third quarter worth about $71,962,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Angel Oak UltraShort Income ETF by 10.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 8,961,125 shares of the company’s stock valued at $457,913,000 after acquiring an additional 881,145 shares during the last quarter. Citadel Advisors LLC boosted its holdings in shares of Angel Oak UltraShort Income ETF by 1,273.9% in the 3rd quarter. Citadel Advisors LLC now owns 300,188 shares of the company’s stock valued at $15,353,000 after acquiring an additional 278,338 shares during the last quarter. UBS Group AG increased its stake in shares of Angel Oak UltraShort Income ETF by 48.7% in the third quarter. UBS Group AG now owns 720,006 shares of the company’s stock worth $36,825,000 after acquiring an additional 235,886 shares during the period. Finally, IFC Advisors LLC raised its holdings in shares of Angel Oak UltraShort Income ETF by 90.8% during the third quarter. IFC Advisors LLC now owns 278,980 shares of the company’s stock worth $14,268,000 after purchasing an additional 132,801 shares during the last quarter.

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.