Precision Wealth Strategies LLC Increases Holdings in Angel Oak UltraShort Income ETF $UYLD

Precision Wealth Strategies LLC grew its position in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 18.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 122,327 shares of the company’s stock after purchasing an additional 19,427 shares during the quarter. Angel Oak UltraShort Income ETF accounts for 2.0% of Precision Wealth Strategies LLC’s holdings, making the stock its 12th largest holding. Precision Wealth Strategies LLC’s holdings in Angel Oak UltraShort Income ETF were worth $6,256,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in UYLD. NewEdge Advisors LLC lifted its position in shares of Angel Oak UltraShort Income ETF by 4.6% during the 1st quarter. NewEdge Advisors LLC now owns 8,936 shares of the company’s stock valued at $457,000 after buying an additional 392 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of Angel Oak UltraShort Income ETF during the 2nd quarter valued at $397,000. Jane Street Group LLC bought a new stake in shares of Angel Oak UltraShort Income ETF during the 2nd quarter valued at $3,288,000. Snowden Capital Advisors LLC raised its stake in shares of Angel Oak UltraShort Income ETF by 7.3% during the 2nd quarter. Snowden Capital Advisors LLC now owns 8,222 shares of the company’s stock valued at $420,000 after purchasing an additional 560 shares during the period. Finally, Osaic Holdings Inc. raised its stake in shares of Angel Oak UltraShort Income ETF by 4.9% during the 2nd quarter. Osaic Holdings Inc. now owns 16,396 shares of the company’s stock valued at $837,000 after purchasing an additional 761 shares during the period.

Angel Oak UltraShort Income ETF Stock Performance

Shares of NASDAQ:UYLD traded down $0.17 during midday trading on Thursday, reaching $51.03. 58,634 shares of the company traded hands, compared to its average volume of 190,296. Angel Oak UltraShort Income ETF has a 12 month low of $50.96 and a 12 month high of $51.46. The firm’s fifty day moving average price is $51.18 and its two-hundred day moving average price is $51.21.

Angel Oak UltraShort Income ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 1st. Investors of record on Tuesday, March 31st were paid a dividend of $0.2234 per share. The ex-dividend date was Tuesday, March 31st.

Angel Oak UltraShort Income ETF 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.