Balefire LLC Buys New Stake in Angel Oak UltraShort Income ETF $UYLD

Balefire LLC purchased a new stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) during the first quarter, HoldingsChannel.com reports. The fund purchased 14,652 shares of the company’s stock, valued at approximately $748,000.

Several other institutional investors and hedge funds have also made changes to their positions in UYLD. 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 acquiring an additional 392 shares during the last quarter. First Trust Advisors LP acquired a new position in Angel Oak UltraShort Income ETF in the second quarter valued at approximately $397,000. Jane Street Group LLC purchased a new position in Angel Oak UltraShort Income ETF in the second quarter valued at approximately $3,288,000. Snowden Capital Advisors LLC increased its stake in Angel Oak UltraShort Income ETF by 7.3% in the second quarter. Snowden Capital Advisors LLC now owns 8,222 shares of the company’s stock valued at $420,000 after purchasing an additional 560 shares during the last quarter. Finally, Osaic Holdings Inc. increased its stake in Angel Oak UltraShort Income ETF by 4.9% in the second quarter. Osaic Holdings Inc. now owns 16,396 shares of the company’s stock valued at $837,000 after purchasing an additional 761 shares during the last quarter.

Angel Oak UltraShort Income ETF Price Performance

UYLD stock opened at $51.12 on Tuesday. Angel Oak UltraShort Income ETF has a twelve month low of $50.96 and a twelve month high of $51.46. The company’s 50 day moving average is $51.09 and its two-hundred day moving average is $51.16.

Angel Oak UltraShort Income ETF Increases Dividend

The business also recently announced 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 positive change from Angel Oak UltraShort Income ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Tuesday, June 30th.

Angel Oak UltraShort Income ETF 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.