Islay Capital Management LLC Increases Position in Angel Oak UltraShort Income ETF (NYSEARCA:UYLD)

Islay Capital Management LLC lifted its holdings in Angel Oak UltraShort Income ETF (NYSEARCA:UYLD) by 75.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,500 shares of the company’s stock after buying an additional 7,500 shares during the period. Islay Capital Management LLC owned approximately 0.99% of Angel Oak UltraShort Income ETF worth $885,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. IFP Advisors Inc lifted its stake in Angel Oak UltraShort Income ETF by 11,000.0% in the third quarter. IFP Advisors Inc now owns 1,332 shares of the company’s stock valued at $67,000 after purchasing an additional 1,320 shares during the last quarter. Sentinel Pension Advisors Inc. lifted its stake in Angel Oak UltraShort Income ETF by 19.4% in the third quarter. Sentinel Pension Advisors Inc. now owns 24,183 shares of the company’s stock valued at $1,225,000 after purchasing an additional 3,925 shares during the last quarter. Congress Wealth Management LLC DE lifted its stake in Angel Oak UltraShort Income ETF by 24.8% in the third quarter. Congress Wealth Management LLC DE now owns 46,227 shares of the company’s stock valued at $2,342,000 after purchasing an additional 9,172 shares during the last quarter. Mechanics Bank Trust Department purchased a new position in Angel Oak UltraShort Income ETF in the fourth quarter valued at approximately $883,000. Finally, Sage Mountain Advisors LLC purchased a new position in Angel Oak UltraShort Income ETF in the fourth quarter valued at approximately $1,143,000.

Angel Oak UltraShort Income ETF Stock Performance

Angel Oak UltraShort Income ETF stock remained flat at $50.78 during trading on Tuesday. The company had a trading volume of 16,676 shares, compared to its average volume of 86,916. Angel Oak UltraShort Income ETF has a fifty-two week low of $50.24 and a fifty-two week high of $51.10. The company’s 50-day moving average price is $50.93 and its 200 day moving average price is $50.75.

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.