Angel Oak UltraShort Income ETF $UYLD Holdings Raised by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC increased its holdings in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 21.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 189,103 shares of the company’s stock after buying an additional 33,859 shares during the period. Angel Oak UltraShort Income ETF makes up about 0.5% of Midland Wealth Advisors LLC’s portfolio, making the stock its 19th largest holding. Midland Wealth Advisors LLC’s holdings in Angel Oak UltraShort Income ETF were worth $9,672,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its position in Angel Oak UltraShort Income ETF by 9.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 9,779,500 shares of the company’s stock worth $500,627,000 after acquiring an additional 818,375 shares during the period. Gradient Investments LLC purchased a new stake in shares of Angel Oak UltraShort Income ETF during the third quarter valued at $71,962,000. CW Advisors LLC boosted its holdings in shares of Angel Oak UltraShort Income ETF by 10.4% in the second quarter. CW Advisors LLC now owns 439,652 shares of the company’s stock worth $22,453,000 after buying an additional 41,358 shares during the period. IFC Advisors LLC grew its position in Angel Oak UltraShort Income ETF by 90.8% during the 3rd quarter. IFC Advisors LLC now owns 278,980 shares of the company’s stock worth $14,268,000 after purchasing an additional 132,801 shares in the last quarter. Finally, Country Club Bank raised its position in Angel Oak UltraShort Income ETF by 34.2% during the third quarter. Country Club Bank now owns 229,703 shares of the company’s stock valued at $11,796,000 after buying an additional 58,561 shares during the period.

Angel Oak UltraShort Income ETF Stock Performance

Angel Oak UltraShort Income ETF stock opened at $51.29 on Friday. Angel Oak UltraShort Income ETF has a 12 month low of $50.74 and a 12 month high of $51.46. The company’s fifty day simple moving average is $51.24 and its 200-day simple moving average is $51.23.

Angel Oak UltraShort Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were issued a dividend of $0.1689 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Friday, January 30th.

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.