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

Islay Capital Management LLC increased its stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 14.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 250,538 shares of the company’s stock after acquiring an additional 32,048 shares during the period. Angel Oak UltraShort Income ETF comprises about 5.9% of Islay Capital Management LLC’s holdings, making the stock its 3rd largest holding. Islay Capital Management LLC owned approximately 0.92% of Angel Oak UltraShort Income ETF worth $12,710,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of UYLD. Mason & Associates Inc grew its stake in shares of Angel Oak UltraShort Income ETF by 455.7% in the second quarter. Mason & Associates Inc now owns 268,513 shares of the company’s stock worth $13,696,000 after purchasing an additional 220,191 shares during the last quarter. IFC Advisors LLC raised its position in shares of Angel Oak UltraShort Income ETF by 39.4% in the 1st quarter. IFC Advisors LLC now owns 313,913 shares of the company’s stock worth $16,021,000 after acquiring an additional 88,758 shares in the last quarter. Precision Wealth Strategies LLC grew its stake in Angel Oak UltraShort Income ETF by 35.0% in the first quarter. Precision Wealth Strategies LLC now owns 165,111 shares of the company’s stock worth $8,426,000 after purchasing an additional 42,784 shares during the period. Onyx Bridge Wealth Group LLC bought a new position in shares of Angel Oak UltraShort Income ETF in the 3rd quarter worth about $1,682,000. Finally, Kestra Advisory Services LLC grew its holdings in Angel Oak UltraShort Income ETF by 833.8% in the first quarter. Kestra Advisory Services LLC now owns 169,902 shares of the company’s stock worth $8,671,000 after purchasing an additional 151,708 shares during the period.

Angel Oak UltraShort Income ETF Stock Performance

Shares of Angel Oak UltraShort Income ETF stock traded down $0.02 during midday trading on Tuesday, hitting $50.89. The company had a trading volume of 77,206 shares, compared to its average volume of 249,599. The company has a 50 day moving average of $50.97 and a 200 day moving average of $51.05. Angel Oak UltraShort Income ETF has a 52-week low of $50.69 and a 52-week high of $51.40.

Angel Oak UltraShort Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were issued a dividend of $0.2304 per share. The ex-dividend date was Wednesday, September 30th. This is a positive change from Angel Oak UltraShort Income ETF’s previous monthly dividend of $0.1799. This represents a $2.77 dividend on an annualized basis and a dividend yield of 5.4%.

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.