Greenwich Wealth Management LLC Acquires 93,992 Shares of Angel Oak UltraShort Income ETF $UYLD

Greenwich Wealth Management LLC grew its holdings in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 172.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 148,509 shares of the company’s stock after buying an additional 93,992 shares during the quarter. Greenwich Wealth Management LLC owned approximately 0.73% of Angel Oak UltraShort Income ETF worth $7,584,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in UYLD. Firethorn Wealth Partners LLC bought a new stake in Angel Oak UltraShort Income ETF in the second quarter valued at $250,000. Belpointe Asset Management LLC purchased a new stake in shares of Angel Oak UltraShort Income ETF in the 1st quarter worth about $292,000. Riverwater Partners LLC boosted its stake in shares of Angel Oak UltraShort Income ETF by 22.5% during the 2nd quarter. Riverwater Partners LLC now owns 6,037 shares of the company’s stock valued at $308,000 after purchasing an additional 1,109 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of Angel Oak UltraShort Income ETF during the 2nd quarter valued at about $414,000. Finally, NewEdge Advisors LLC increased its position in shares of Angel Oak UltraShort Income ETF by 4.6% during the first 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 period.

Angel Oak UltraShort Income ETF Price Performance

UYLD stock opened at $51.15 on Friday. Angel Oak UltraShort Income ETF has a 1 year low of $50.74 and a 1 year high of $51.46. The firm has a 50-day moving average of $51.24 and a 200 day moving average of $51.20.

Angel Oak UltraShort Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 28th will be given a $0.1756 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.