Angel Oak UltraShort Income ETF $UYLD Shares Bought by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC lifted its position in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 10.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 155,244 shares of the company’s stock after acquiring an additional 14,838 shares during the period. Angel Oak UltraShort Income ETF accounts for 0.4% of Midland Wealth Advisors LLC’s portfolio, making the stock its 17th biggest holding. Midland Wealth Advisors LLC owned about 0.76% of Angel Oak UltraShort Income ETF worth $7,928,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of UYLD. Wealth Enhancement Advisory Services LLC boosted its stake in Angel Oak UltraShort Income ETF by 10.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 8,961,125 shares of the company’s stock valued at $457,913,000 after purchasing an additional 881,145 shares during the period. Vise Technologies Inc. acquired a new stake in shares of Angel Oak UltraShort Income ETF in the second quarter valued at approximately $5,736,000. Steel Grove Capital Advisors LLC raised its holdings in shares of Angel Oak UltraShort Income ETF by 163.0% during the second quarter. Steel Grove Capital Advisors LLC now owns 161,970 shares of the company’s stock valued at $8,272,000 after buying an additional 100,390 shares during the last quarter. Bulwark Capital Corp bought a new stake in shares of Angel Oak UltraShort Income ETF during the second quarter valued at approximately $4,230,000. Finally, Requisite Capital Management LLC boosted its position in shares of Angel Oak UltraShort Income ETF by 26.7% during the second quarter. Requisite Capital Management LLC now owns 370,536 shares of the company’s stock worth $18,925,000 after buying an additional 78,045 shares during the period.

Angel Oak UltraShort Income ETF Price Performance

Shares of UYLD stock opened at $51.18 on Monday. Angel Oak UltraShort Income ETF has a 12-month low of $50.74 and a 12-month high of $51.46. The business has a 50 day simple moving average of $51.25 and a 200 day simple moving average of $51.19.

Angel Oak UltraShort Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 3rd. Stockholders of record on Friday, October 31st were paid a $0.2133 dividend. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 5.0%.

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.