Precision Wealth Strategies LLC Purchases 39,330 Shares of Angel Oak UltraShort Income ETF $UYLD

Precision Wealth Strategies LLC lifted its position in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 61.9% in the 3rd quarter, Holdings Channel reports. The fund owned 102,900 shares of the company’s stock after acquiring an additional 39,330 shares during the quarter. Angel Oak UltraShort Income ETF accounts for 1.7% of Precision Wealth Strategies LLC’s holdings, making the stock its 13th biggest holding. Precision Wealth Strategies LLC’s holdings in Angel Oak UltraShort Income ETF were worth $5,263,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in UYLD. Firethorn Wealth Partners LLC purchased a new stake in Angel Oak UltraShort Income ETF in the second quarter worth $250,000. Belpointe Asset Management LLC bought a new stake in shares of Angel Oak UltraShort Income ETF during the 1st quarter valued at $292,000. Riverwater Partners LLC grew its position in shares of Angel Oak UltraShort Income ETF by 22.5% in the 2nd quarter. Riverwater Partners LLC now owns 6,037 shares of the company’s stock worth $308,000 after buying an additional 1,109 shares during the period. First Trust Advisors LP bought a new position in shares of Angel Oak UltraShort Income ETF in the 2nd quarter worth about $397,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Angel Oak UltraShort Income ETF during the 2nd quarter valued at about $414,000.

Angel Oak UltraShort Income ETF Stock Up 0.1%

Shares of NASDAQ UYLD opened at $51.31 on Friday. The company has a 50 day simple moving average of $51.23 and a two-hundred day simple moving average of $51.21. Angel Oak UltraShort Income ETF has a fifty-two week low of $50.74 and a fifty-two week high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 28th were issued a $0.1756 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Friday, November 28th.

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.