Angel Oak High Yield Opportunities ETF Declares Monthly Dividend of $0.06 (NASDAQ:AOHY)

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) declared a monthly dividend on Thursday, July 30th, NASDAQ Dividends reports. Shareholders of record on Friday, July 31st will be given a dividend of 0.0624 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Friday, July 31st.

Angel Oak High Yield Opportunities ETF Trading Down 0.5%

Shares of NASDAQ:AOHY traded down $0.05 on Friday, hitting $10.97. The company had a trading volume of 50,133 shares, compared to its average volume of 56,133. The stock has a market cap of $123.19 million, a price-to-earnings ratio of 2.33 and a beta of 0.19. The stock has a 50 day moving average price of $11.05 and a 200 day moving average price of $11.08. Angel Oak High Yield Opportunities ETF has a 1-year low of $10.86 and a 1-year high of $11.29.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AOHY. Raymond James Financial Inc. acquired a new position in shares of Angel Oak High Yield Opportunities ETF in the second quarter valued at approximately $62,000. Ausdal Financial Partners Inc. acquired a new stake in Angel Oak High Yield Opportunities ETF during the 3rd quarter worth approximately $122,000. Kestra Advisory Services LLC acquired a new stake in Angel Oak High Yield Opportunities ETF during the 4th quarter worth approximately $140,000. Royal Bank of Canada boosted its stake in Angel Oak High Yield Opportunities ETF by 588.5% in the 1st quarter. Royal Bank of Canada now owns 12,910 shares of the company’s stock valued at $141,000 after purchasing an additional 11,035 shares during the period. Finally, Worth Asset Management LLC bought a new stake in Angel Oak High Yield Opportunities ETF in the 2nd quarter valued at $227,000.

Angel Oak High Yield Opportunities ETF Company Profile

The Angel Oak High Yield Opportunities ETF (AOHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to high-yield fixed-income securities, globally. The fund seeks a high level of current income, and to a lesser extent, capital appreciation. AOHY was launched on Feb 20, 2024 and is issued by Angel Oak.