IFC Advisors LLC Has $16.02 Million Holdings in Angel Oak UltraShort Income ETF $UYLD

IFC Advisors LLC lifted its holdings in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 39.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 313,913 shares of the company’s stock after purchasing an additional 88,758 shares during the quarter. Angel Oak UltraShort Income ETF accounts for approximately 2.3% of IFC Advisors LLC’s investment portfolio, making the stock its 6th largest position. IFC Advisors LLC owned 1.09% of Angel Oak UltraShort Income ETF worth $16,021,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of UYLD. NorthCrest Asset Manangement LLC increased its holdings in shares of Angel Oak UltraShort Income ETF by 38.0% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 90,318 shares of the company’s stock worth $4,620,000 after buying an additional 24,887 shares during the last quarter. Sage Mountain Advisors LLC lifted its holdings in shares of Angel Oak UltraShort Income ETF by 15.7% in the 4th quarter. Sage Mountain Advisors LLC now owns 126,372 shares of the company’s stock valued at $6,463,000 after acquiring an additional 17,193 shares during the last quarter. Commonwealth Equity Services LLC grew its position in Angel Oak UltraShort Income ETF by 42.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 134,205 shares of the company’s stock worth $6,864,000 after acquiring an additional 39,679 shares in the last quarter. UBS Group AG grew its position in Angel Oak UltraShort Income ETF by 11.6% in the fourth quarter. UBS Group AG now owns 803,675 shares of the company’s stock worth $41,104,000 after acquiring an additional 83,669 shares in the last quarter. Finally, Crescent Grove Advisors LLC increased its stake in Angel Oak UltraShort Income ETF by 12.1% during the fourth quarter. Crescent Grove Advisors LLC now owns 348,678 shares of the company’s stock worth $17,916,000 after acquiring an additional 37,755 shares during the last quarter.

Angel Oak UltraShort Income ETF Stock Down 0.0%

NASDAQ:UYLD opened at $51.04 on Monday. Angel Oak UltraShort Income ETF has a 1 year low of $50.96 and a 1 year high of $51.46. The business has a 50 day simple moving average of $51.09 and a 200-day simple moving average of $51.17.

Angel Oak UltraShort Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were given a $0.1998 dividend. This is a boost from Angel Oak UltraShort Income ETF’s previous dividend of $0.18. The ex-dividend date was Tuesday, June 30th.

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.