Secure Asset Management LLC Boosts Stock Position in Angel Oak UltraShort Income ETF (NYSEARCA:UYLD)

Secure Asset Management LLC raised its stake in Angel Oak UltraShort Income ETF (NYSEARCA:UYLD) by 39.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 41,003 shares of the company’s stock after purchasing an additional 11,649 shares during the quarter. Secure Asset Management LLC owned 0.51% of Angel Oak UltraShort Income ETF worth $2,087,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of UYLD. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Angel Oak UltraShort Income ETF during the first quarter worth about $242,822,000. Benjamin F. Edwards & Company Inc. acquired a new position in Angel Oak UltraShort Income ETF during the 4th quarter worth approximately $3,039,000. Precision Wealth Strategies LLC purchased a new position in shares of Angel Oak UltraShort Income ETF during the 1st quarter worth approximately $2,783,000. Sage Mountain Advisors LLC lifted its holdings in shares of Angel Oak UltraShort Income ETF by 220.6% in the 1st quarter. Sage Mountain Advisors LLC now owns 72,451 shares of the company’s stock valued at $3,686,000 after buying an additional 49,851 shares during the period. Finally, Mechanics Bank Trust Department boosted its stake in shares of Angel Oak UltraShort Income ETF by 243.6% in the first quarter. Mechanics Bank Trust Department now owns 59,950 shares of the company’s stock valued at $3,050,000 after buying an additional 42,500 shares in the last quarter.

Angel Oak UltraShort Income ETF Trading Up 0.0 %

UYLD stock traded up $0.02 on Friday, reaching $51.27. 91,963 shares of the company’s stock were exchanged, compared to its average volume of 74,912. The stock has a fifty day moving average of $51.10 and a 200-day moving average of $50.98. Angel Oak UltraShort Income ETF has a twelve month low of $50.31 and a twelve month high of $51.36.

Angel Oak UltraShort Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, August 1st. Investors of record on Wednesday, July 31st were paid a $0.2757 dividend. This is a boost from Angel Oak UltraShort Income ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Wednesday, July 31st.

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.