Mason & Associates Inc Acquires 220,191 Shares of Angel Oak UltraShort Income ETF $UYLD

Mason & Associates Inc increased its stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 455.7% during the second quarter, according to its most recent filing with the SEC. The fund owned 268,513 shares of the company’s stock after buying an additional 220,191 shares during the quarter. Angel Oak UltraShort Income ETF accounts for approximately 2.2% of Mason & Associates Inc’s portfolio, making the stock its 13th largest holding. Mason & Associates Inc owned 0.87% of Angel Oak UltraShort Income ETF worth $13,696,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Osaic Holdings Inc. raised its position in Angel Oak UltraShort Income ETF by 61.6% in the fourth quarter. Osaic Holdings Inc. now owns 804,220 shares of the company’s stock worth $41,131,000 after acquiring an additional 306,470 shares during the period. UBS Group AG grew its position in shares of Angel Oak UltraShort Income ETF by 11.6% during the 4th quarter. UBS Group AG now owns 803,675 shares of the company’s stock valued at $41,104,000 after acquiring an additional 83,669 shares during the period. Wells Fargo & Company MN grew its position in shares of Angel Oak UltraShort Income ETF by 35.1% during the 4th quarter. Wells Fargo & Company MN now owns 437,826 shares of the company’s stock valued at $22,392,000 after acquiring an additional 113,866 shares during the period. Greenwich Wealth Management LLC increased its stake in shares of Angel Oak UltraShort Income ETF by 66.3% during the 4th quarter. Greenwich Wealth Management LLC now owns 364,035 shares of the company’s stock worth $18,618,000 after purchasing an additional 145,086 shares during the last quarter. Finally, Crescent Grove Advisors LLC increased its stake in shares of Angel Oak UltraShort Income ETF by 12.1% during the 4th quarter. Crescent Grove Advisors LLC now owns 348,678 shares of the company’s stock worth $17,916,000 after purchasing an additional 37,755 shares during the last quarter.

Angel Oak UltraShort Income ETF Stock Up 0.1%

NASDAQ:UYLD opened at $51.01 on Friday. The firm’s 50 day moving average is $51.08 and its 200 day moving average is $51.13. Angel Oak UltraShort Income ETF has a 12 month low of $50.95 and a 12 month high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 31st were given a $0.1799 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, August 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.