Mattson Financial Services LLC Acquires New Stake in Angel Oak UltraShort Income ETF $UYLD

Mattson Financial Services LLC bought a new position in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) during the third quarter, HoldingsChannel.com reports. The fund bought 27,432 shares of the company’s stock, valued at approximately $1,403,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Precision Wealth Strategies LLC grew its holdings in shares of Angel Oak UltraShort Income ETF by 61.9% in the third quarter. Precision Wealth Strategies LLC now owns 102,900 shares of the company’s stock worth $5,263,000 after purchasing an additional 39,330 shares during the last quarter. Able Wealth Management LLC lifted 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 worth $7,440,000 after buying an additional 103,619 shares during the period. Bulwark Capital Corp increased its position in Angel Oak UltraShort Income ETF by 34.3% during the 3rd quarter. Bulwark Capital Corp now owns 111,267 shares of the company’s stock valued at $5,691,000 after purchasing an additional 28,433 shares during the period. Paladin Wealth LLC bought a new position in Angel Oak UltraShort Income ETF in the third quarter worth approximately $1,128,000. Finally, TradeWell Securities LLC. lifted its stake in shares of Angel Oak UltraShort Income ETF by 24.2% during the 3rd quarter. TradeWell Securities LLC. now owns 28,988 shares of the company’s stock worth $1,483,000 after purchasing an additional 5,639 shares during the last quarter.

Angel Oak UltraShort Income ETF Stock Performance

NASDAQ:UYLD opened at $51.33 on Monday. The company’s 50-day simple moving average is $51.23 and its 200-day simple moving average 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 Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 28th were paid a $0.1756 dividend. The ex-dividend date was Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

About Angel Oak UltraShort Income ETF

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.