Angel Oak UltraShort Income ETF $UYLD Holdings Boosted by CW Advisors LLC

CW Advisors LLC raised its position in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 10.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 439,652 shares of the company’s stock after purchasing an additional 41,358 shares during the quarter. CW Advisors LLC owned 2.15% of Angel Oak UltraShort Income ETF worth $22,453,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Firethorn Wealth Partners LLC purchased a new position in shares of Angel Oak UltraShort Income ETF during the second quarter valued at $250,000. Belpointe Asset Management LLC acquired a new stake in Angel Oak UltraShort Income ETF during the 1st quarter worth about $292,000. Riverwater Partners LLC boosted its position in 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 worth $308,000 after acquiring an additional 1,109 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Angel Oak UltraShort Income ETF during the 2nd quarter valued at about $414,000. Finally, NewEdge Advisors LLC increased its holdings in shares of Angel Oak UltraShort Income ETF by 4.6% in the 1st quarter. NewEdge Advisors LLC now owns 8,936 shares of the company’s stock valued at $457,000 after purchasing an additional 392 shares during the period.

Angel Oak UltraShort Income ETF Stock Performance

UYLD stock opened at $51.16 on Thursday. The firm has a 50 day simple moving average of $51.23 and a 200 day simple moving average of $51.20. Angel Oak UltraShort Income ETF has a 52 week low of $50.74 and a 52 week high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

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

Angel Oak UltraShort Income ETF Company 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.