Able Wealth Management LLC Increases Stock Holdings in Angel Oak UltraShort Income ETF $UYLD

Able Wealth Management LLC grew its stake in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 62.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 159,097 shares of the company’s stock after acquiring an additional 60,963 shares during the quarter. Angel Oak UltraShort Income ETF comprises about 2.2% of Able Wealth Management LLC’s holdings, making the stock its 12th largest position. Able Wealth Management LLC owned 0.56% of Angel Oak UltraShort Income ETF worth $8,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its stake in Angel Oak UltraShort Income ETF by 1.3% during the first quarter. Janney Montgomery Scott LLC now owns 273,164 shares of the company’s stock worth $13,941,000 after buying an additional 3,539 shares during the period. Lewis Asset Management LLC boosted its stake in Angel Oak UltraShort Income ETF by 5.1% during the 1st quarter. Lewis Asset Management LLC now owns 60,569 shares of the company’s stock valued at $3,091,000 after acquiring an additional 2,914 shares during the last quarter. Kestra Private Wealth Services LLC increased its holdings in Angel Oak UltraShort Income ETF by 5.6% in the first quarter. Kestra Private Wealth Services LLC now owns 184,406 shares of the company’s stock valued at $9,411,000 after buying an additional 9,834 shares during the last quarter. RFG Advisory LLC grew its position in shares of Angel Oak UltraShort Income ETF by 219.7% in the 1st quarter. RFG Advisory LLC now owns 12,614 shares of the company’s stock worth $644,000 after acquiring an additional 8,669 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of Angel Oak UltraShort Income ETF by 30.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 5,058 shares of the company’s stock valued at $259,000 after acquiring an additional 1,176 shares during the last quarter.

Angel Oak UltraShort Income ETF Price Performance

Shares of NASDAQ:UYLD opened at $51.01 on Thursday. Angel Oak UltraShort Income ETF has a 1-year low of $50.96 and a 1-year high of $51.46. The company’s fifty day moving average is $51.11 and its two-hundred day moving average is $51.18.

Angel Oak UltraShort Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a dividend of $0.1998 per share. The ex-dividend date was Tuesday, June 30th. This is a positive change 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.