NorthCrest Asset Manangement LLC Has $4.62 Million Position in Angel Oak UltraShort Income ETF $UYLD

NorthCrest Asset Manangement LLC lifted its stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 38.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 90,318 shares of the company’s stock after acquiring an additional 24,887 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Angel Oak UltraShort Income ETF were worth $4,620,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. MAI Capital Management acquired a new position in Angel Oak UltraShort Income ETF in the 3rd quarter valued at approximately $28,000. JPMorgan Chase & Co. lifted its position in shares of Angel Oak UltraShort Income ETF by 46,300.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock worth $71,000 after acquiring an additional 1,389 shares during the period. Wealthcare Advisory Partners LLC acquired a new stake in shares of Angel Oak UltraShort Income ETF during the 3rd quarter worth approximately $230,000. A4 Wealth Advisors LLC bought a new stake in shares of Angel Oak UltraShort Income ETF during the third quarter valued at approximately $240,000. Finally, Foundations Investment Advisors LLC bought a new stake in shares of Angel Oak UltraShort Income ETF during the third quarter valued at approximately $245,000.

Angel Oak UltraShort Income ETF Stock Performance

Shares of NASDAQ UYLD opened at $51.18 on Monday. Angel Oak UltraShort Income ETF has a one year low of $50.74 and a one year high of $51.46. The business has a fifty day simple moving average of $51.24 and a 200 day simple moving average of $51.24.

Angel Oak UltraShort Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were issued a $0.159 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Friday, February 27th.

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.