Angel Oak UltraShort Income ETF $UYLD Shares Acquired by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC raised its stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 18.2% in the third quarter, HoldingsChannel.com reports. The fund owned 65,431 shares of the company’s stock after buying an additional 10,092 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in Angel Oak UltraShort Income ETF were worth $3,350,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of UYLD. Wealth Enhancement Advisory Services LLC raised its holdings in Angel Oak UltraShort Income ETF by 9.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 9,779,500 shares of the company’s stock worth $500,627,000 after purchasing an additional 818,375 shares in the last quarter. Gradient Investments LLC acquired a new position in Angel Oak UltraShort Income ETF during the third quarter valued at approximately $71,962,000. CW Advisors LLC raised its stake in Angel Oak UltraShort Income ETF by 10.4% during the 2nd quarter. CW Advisors LLC now owns 439,652 shares of the company’s stock valued at $22,453,000 after purchasing an additional 41,358 shares during the last quarter. Requisite Capital Management LLC raised its holdings in Angel Oak UltraShort Income ETF by 26.7% in the 2nd quarter. Requisite Capital Management LLC now owns 370,536 shares of the company’s stock valued at $18,925,000 after acquiring an additional 78,045 shares in the last quarter. Finally, Country Club Bank boosted its holdings in shares of Angel Oak UltraShort Income ETF by 34.2% in the 3rd quarter. Country Club Bank now owns 229,703 shares of the company’s stock worth $11,796,000 after acquiring an additional 58,561 shares in the last quarter.

Angel Oak UltraShort Income ETF Stock Performance

Shares of NASDAQ UYLD opened at $51.24 on Tuesday. The company’s 50 day simple moving average is $51.22 and its 200 day simple moving average is $51.22. 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 Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were issued a $0.2367 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. This is a positive change from Angel Oak UltraShort Income ETF’s previous monthly dividend of $0.18. The ex-dividend date was Wednesday, December 31st.

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.