Angel Oak UltraShort Income ETF $UYLD Shares Bought by Islay Capital Management LLC

Islay Capital Management LLC grew its stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 85.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 144,271 shares of the company’s stock after purchasing an additional 66,382 shares during the period. Angel Oak UltraShort Income ETF comprises approximately 4.2% of Islay Capital Management LLC’s investment portfolio, making the stock its 3rd largest holding. Islay Capital Management LLC owned 0.64% of Angel Oak UltraShort Income ETF worth $7,379,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. NewEdge Advisors LLC boosted its holdings in Angel Oak UltraShort Income ETF by 4.6% during the first quarter. NewEdge Advisors LLC now owns 8,936 shares of the company’s stock worth $457,000 after buying an additional 392 shares in the last quarter. Able Wealth Management LLC raised its position in shares of Angel Oak UltraShort Income ETF by 525.2% in the second quarter. Able Wealth Management LLC now owns 41,859 shares of the company’s stock worth $2,138,000 after acquiring an additional 35,164 shares during the period. Vise Technologies Inc. purchased a new stake in shares of Angel Oak UltraShort Income ETF during the 2nd quarter worth about $5,736,000. Midland Wealth Advisors LLC boosted its stake in shares of Angel Oak UltraShort Income ETF by 10.6% during the 2nd quarter. Midland Wealth Advisors LLC now owns 155,244 shares of the company’s stock worth $7,928,000 after acquiring an additional 14,838 shares in the last quarter. Finally, M Wealth Management LLC acquired a new stake in shares of Angel Oak UltraShort Income ETF during the 2nd quarter valued at about $2,727,000.

Angel Oak UltraShort Income ETF Stock Up 0.0%

NASDAQ UYLD opened at $51.20 on Friday. Angel Oak UltraShort Income ETF has a twelve month low of $50.74 and a twelve month high of $51.46. The stock has a 50-day moving average of $51.24 and a 200 day moving average of $51.24.

Angel Oak UltraShort Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid a dividend of $0.159 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Friday, February 27th.

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.