Angel Oak UltraShort Income ETF $UYLD Stock Holdings Increased by Islay Capital Management LLC

Islay Capital Management LLC lifted its position in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 23.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 77,889 shares of the company’s stock after acquiring an additional 14,752 shares during the quarter. Angel Oak UltraShort Income ETF makes up about 2.6% of Islay Capital Management LLC’s investment portfolio, making the stock its 12th biggest position. Islay Capital Management LLC’s holdings in Angel Oak UltraShort Income ETF were worth $3,978,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Patten & Patten Inc. TN bought a new stake in Angel Oak UltraShort Income ETF during the first quarter valued at $207,000. Firethorn Wealth Partners LLC acquired a new position in shares of Angel Oak UltraShort Income ETF in the 2nd quarter valued at about $250,000. Belpointe Asset Management LLC bought a new stake in shares of Angel Oak UltraShort Income ETF during the 1st quarter valued at about $292,000. Riverwater Partners LLC raised its stake in Angel Oak UltraShort Income ETF by 22.5% during the second quarter. Riverwater Partners LLC now owns 6,037 shares of the company’s stock worth $308,000 after acquiring an additional 1,109 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Angel Oak UltraShort Income ETF in the second quarter worth about $414,000.

Angel Oak UltraShort Income ETF Stock Performance

Shares of UYLD stock opened at $51.21 on Friday. The business has a 50 day moving average of $51.25 and a two-hundred day moving average of $51.19. Angel Oak UltraShort Income ETF has a 52 week low of $50.74 and a 52 week high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 31st were given a dividend of $0.2133 per share. The ex-dividend date was Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 5.0%.

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.