Transamerica Financial Advisors Inc. Sells 2,013 Shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD)

Transamerica Financial Advisors Inc. lowered its stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 3.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 52,689 shares of the company’s stock after selling 2,013 shares during the period. Transamerica Financial Advisors Inc.’s holdings in Angel Oak UltraShort Income ETF were worth $2,691,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in UYLD. Congress Wealth Management LLC DE raised its holdings in Angel Oak UltraShort Income ETF by 43.2% during the 4th quarter. Congress Wealth Management LLC DE now owns 368,385 shares of the company’s stock valued at $18,812,000 after buying an additional 111,095 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Angel Oak UltraShort Income ETF by 34.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 44,504 shares of the company’s stock valued at $2,273,000 after acquiring an additional 11,450 shares during the period. Sage Mountain Advisors LLC raised its stake in shares of Angel Oak UltraShort Income ETF by 14.8% during the fourth quarter. Sage Mountain Advisors LLC now owns 67,645 shares of the company’s stock valued at $3,454,000 after acquiring an additional 8,699 shares during the last quarter. Midland Wealth Advisors LLC raised its stake in shares of Angel Oak UltraShort Income ETF by 61.0% during the fourth quarter. Midland Wealth Advisors LLC now owns 128,977 shares of the company’s stock valued at $6,586,000 after acquiring an additional 48,874 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Angel Oak UltraShort Income ETF during the fourth quarter worth about $232,000.

Angel Oak UltraShort Income ETF Stock Performance

Shares of NASDAQ:UYLD opened at $51.33 on Friday. The stock’s 50-day moving average is $51.22 and its 200 day moving average is $51.20. Angel Oak UltraShort Income ETF has a 1 year low of $50.75 and a 1 year high of $51.44.

Angel Oak UltraShort Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 28th were issued a dividend of $0.1968 per share. The ex-dividend date of this dividend was Friday, February 28th.

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.