Angel Oak UltraShort Income ETF $UYLD Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its position in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 9.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,779,500 shares of the company’s stock after acquiring an additional 818,375 shares during the quarter. Angel Oak UltraShort Income ETF accounts for approximately 0.8% of Wealth Enhancement Advisory Services LLC’s holdings, making the stock its 22nd largest position. Wealth Enhancement Advisory Services LLC owned 43.85% of Angel Oak UltraShort Income ETF worth $500,627,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Gradient Investments LLC bought a new stake in Angel Oak UltraShort Income ETF during the third quarter valued at $71,962,000. Vise Technologies Inc. bought a new position in shares of Angel Oak UltraShort Income ETF in the 2nd quarter worth about $5,736,000. Able Wealth Management LLC boosted its holdings in shares of Angel Oak UltraShort Income ETF by 247.5% in the 3rd quarter. Able Wealth Management LLC now owns 145,478 shares of the company’s stock valued at $7,440,000 after buying an additional 103,619 shares during the period. Steel Grove Capital Advisors LLC boosted its holdings in shares of Angel Oak UltraShort Income ETF by 163.0% in the 2nd quarter. Steel Grove Capital Advisors LLC now owns 161,970 shares of the company’s stock valued at $8,272,000 after buying an additional 100,390 shares during the period. Finally, Greenwich Wealth Management LLC grew its position in shares of Angel Oak UltraShort Income ETF by 172.4% during the 2nd quarter. Greenwich Wealth Management LLC now owns 148,509 shares of the company’s stock valued at $7,584,000 after buying an additional 93,992 shares during the last quarter.

Angel Oak UltraShort Income ETF Trading Up 0.1%

UYLD opened at $51.24 on Monday. The company’s 50-day moving average price is $51.22 and its 200 day moving average price is $51.22. Angel Oak UltraShort Income ETF has a fifty-two week low of $50.74 and a fifty-two week high of $51.46.

Angel Oak UltraShort Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were given a dividend of $0.2367 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date was Wednesday, December 31st. This is a positive change from Angel Oak UltraShort Income ETF’s previous monthly dividend of $0.18.

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.