Crescent Grove Advisors LLC Has $17.92 Million Stake in Angel Oak UltraShort Income ETF $UYLD

Crescent Grove Advisors LLC grew its holdings in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 348,678 shares of the company’s stock after purchasing an additional 37,755 shares during the quarter. Angel Oak UltraShort Income ETF comprises 1.7% of Crescent Grove Advisors LLC’s portfolio, making the stock its 17th biggest holding. Crescent Grove Advisors LLC’s holdings in Angel Oak UltraShort Income ETF were worth $17,916,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Angel Oak UltraShort Income ETF in the fourth quarter valued at about $27,000. MAI Capital Management acquired a new stake in shares of Angel Oak UltraShort Income ETF in the third quarter valued at about $28,000. JPMorgan Chase & Co. grew its position in shares of Angel Oak UltraShort Income ETF by 46,300.0% in the third quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock valued at $71,000 after purchasing an additional 1,389 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in shares of Angel Oak UltraShort Income ETF in the third quarter valued at about $230,000. Finally, Foundations Investment Advisors LLC acquired a new stake in shares of Angel Oak UltraShort Income ETF in the third quarter valued at about $245,000.

Angel Oak UltraShort Income ETF Price Performance

Shares of NASDAQ:UYLD opened at $51.04 on Thursday. The stock’s 50-day moving average is $51.13 and its 200-day moving average is $51.19. Angel Oak UltraShort Income ETF has a 52-week low of $50.96 and a 52-week high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 29th were given a $0.1806 dividend. The ex-dividend date of this dividend was Friday, May 29th.

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.