Angel Oak UltraShort Income ETF $UYLD Stock Holdings Lifted by Islay Capital Management LLC

Islay Capital Management LLC lifted its stake in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 85.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 144,271 shares of the company’s stock after purchasing an additional 66,382 shares during the quarter. Angel Oak UltraShort Income ETF comprises 4.2% of Islay Capital Management LLC’s investment portfolio, making the stock its 3rd biggest position. Islay Capital Management LLC’s holdings in Angel Oak UltraShort Income ETF were worth $7,379,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. MAI Capital Management acquired a new position in Angel Oak UltraShort Income ETF during the third quarter worth $28,000. JPMorgan Chase & Co. boosted its position in shares of Angel Oak UltraShort Income ETF by 46,300.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock valued at $71,000 after acquiring an additional 1,389 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new position in shares of Angel Oak UltraShort Income ETF during the 3rd quarter valued at about $230,000. A4 Wealth Advisors LLC purchased a new stake in shares of Angel Oak UltraShort Income ETF in the third quarter valued at about $240,000. Finally, Foundations Investment Advisors LLC acquired a new stake in Angel Oak UltraShort Income ETF during the third quarter worth about $245,000.

Angel Oak UltraShort Income ETF Stock Up 0.0%

Shares of UYLD stock opened at $51.20 on Friday. The firm’s 50-day moving average is $51.24 and its two-hundred day moving average is $51.24. Angel Oak UltraShort Income ETF has a 12 month low of $50.74 and a 12 month high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were issued a $0.159 dividend. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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 issued by Angel Oak.