Crescent Grove Advisors LLC Decreases Position in Angel Oak UltraShort Income ETF $UYLD

Crescent Grove Advisors LLC decreased its holdings in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 30.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,870 shares of the company’s stock after selling 104,808 shares during the quarter. Angel Oak UltraShort Income ETF comprises about 1.2% of Crescent Grove Advisors LLC’s portfolio, making the stock its 20th biggest position. Crescent Grove Advisors LLC owned approximately 0.85% of Angel Oak UltraShort Income ETF worth $12,500,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. NorthCrest Asset Manangement LLC raised its stake in Angel Oak UltraShort Income ETF by 38.0% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 90,318 shares of the company’s stock valued at $4,620,000 after buying an additional 24,887 shares during the last quarter. Sage Mountain Advisors LLC grew its stake in shares of Angel Oak UltraShort Income ETF by 15.7% during the fourth quarter. Sage Mountain Advisors LLC now owns 126,372 shares of the company’s stock worth $6,463,000 after acquiring an additional 17,193 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Angel Oak UltraShort Income ETF by 42.0% during 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 during the last quarter. First National Bank of Omaha acquired a new position in shares of Angel Oak UltraShort Income ETF during the fourth quarter valued at about $13,248,000. Finally, Steel Grove Capital Advisors LLC increased its holdings in shares of Angel Oak UltraShort Income ETF by 68.7% during the fourth quarter. Steel Grove Capital Advisors LLC now owns 273,318 shares of the company’s stock valued at $13,979,000 after acquiring an additional 111,348 shares in the last quarter.

Angel Oak UltraShort Income ETF Price Performance

Shares of Angel Oak UltraShort Income ETF stock opened at $51.11 on Friday. Angel Oak UltraShort Income ETF has a 52 week low of $50.96 and a 52 week high of $51.46. The company has a 50 day moving average price of $51.09 and a 200 day moving average price of $51.16.

Angel Oak UltraShort Income ETF Increases Dividend

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

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.