29,956 Angel Oak UltraShort Income ETF $UYLD Shares Bought by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. boosted its stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 378.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 37,869 shares of the company’s stock after buying an additional 29,956 shares during the quarter. Wealth Enhancement Trust Services Inc.’s holdings in Angel Oak UltraShort Income ETF were worth $1,921,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. First National Bank of Omaha purchased a new position in shares of Angel Oak UltraShort Income ETF during the 4th quarter worth approximately $13,248,000. Mason & Associates Inc lifted its stake in shares of Angel Oak UltraShort Income ETF by 455.7% in the 2nd quarter. Mason & Associates Inc now owns 268,513 shares of the company’s stock valued at $13,696,000 after purchasing an additional 220,191 shares during the period. IFC Advisors LLC boosted its position in shares of Angel Oak UltraShort Income ETF by 39.4% during the first quarter. IFC Advisors LLC now owns 313,913 shares of the company’s stock valued at $16,021,000 after purchasing an additional 88,758 shares in the last quarter. Precision Wealth Strategies LLC boosted its position in shares of Angel Oak UltraShort Income ETF by 35.0% during the first quarter. Precision Wealth Strategies LLC now owns 165,111 shares of the company’s stock valued at $8,426,000 after purchasing an additional 42,784 shares in the last quarter. Finally, Able Wealth Management LLC grew its stake in Angel Oak UltraShort Income ETF by 62.1% in the first quarter. Able Wealth Management LLC now owns 159,097 shares of the company’s stock worth $8,120,000 after purchasing an additional 60,963 shares during the period.

Angel Oak UltraShort Income ETF Stock Performance

Angel Oak UltraShort Income ETF stock traded up $0.02 on Wednesday, hitting $50.80. 236,783 shares of the stock traded hands, compared to its average volume of 250,632. The business’s fifty day simple moving average is $51.00 and its 200 day simple moving average is $51.07. Angel Oak UltraShort Income ETF has a 1 year low of $50.69 and a 1 year high of $51.40.

Angel Oak UltraShort Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were given a dividend of $0.2304 per share. This is an increase from Angel Oak UltraShort Income ETF’s previous monthly dividend of $0.1799. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.77 dividend on an annualized basis and a yield of 5.4%.

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.