Crescent Grove Advisors LLC Raises Position in Angel Oak UltraShort Income ETF (NYSEARCA:UYLD)

Crescent Grove Advisors LLC increased its holdings in shares of Angel Oak UltraShort Income ETF (NYSEARCA:UYLD) by 70.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,304 shares of the company’s stock after buying an additional 16,647 shares during the quarter. Crescent Grove Advisors LLC’s holdings in Angel Oak UltraShort Income ETF were worth $2,072,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in UYLD. Commonwealth Equity Services LLC boosted its holdings in Angel Oak UltraShort Income ETF by 2.5% in the first quarter. Commonwealth Equity Services LLC now owns 15,591 shares of the company’s stock worth $793,000 after acquiring an additional 387 shares in the last quarter. Camarda Financial Advisors LLC boosted its stake in Angel Oak UltraShort Income ETF by 46.2% in the 1st quarter. Camarda Financial Advisors LLC now owns 104,821 shares of the company’s stock worth $5,333,000 after purchasing an additional 33,146 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Angel Oak UltraShort Income ETF by 8.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 5,198,776 shares of the company’s stock worth $264,566,000 after purchasing an additional 425,860 shares during the last quarter. NorthCrest Asset Manangement LLC acquired a new position in Angel Oak UltraShort Income ETF during the 2nd quarter valued at approximately $220,000. Finally, Secure Asset Management LLC raised its holdings in shares of Angel Oak UltraShort Income ETF by 39.7% in the second quarter. Secure Asset Management LLC now owns 41,003 shares of the company’s stock worth $2,087,000 after buying an additional 11,649 shares during the last quarter.

Angel Oak UltraShort Income ETF Price Performance

Shares of UYLD opened at $51.05 on Wednesday. The company’s fifty day moving average price is $51.24 and its 200-day moving average price is $51.11. Angel Oak UltraShort Income ETF has a 1-year low of $50.41 and a 1-year high of $51.44.

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 managed by Angel Oak.