33,152 Shares of Angel Oak UltraShort Income ETF $UYLD Acquired by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC purchased a new position in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 33,152 shares of the company’s stock, valued at approximately $1,682,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gradient Investments LLC grew its stake in Angel Oak UltraShort Income ETF by 2.0% during the 3rd quarter. Gradient Investments LLC now owns 1,036,433 shares of the company’s stock valued at $52,579,000 after purchasing an additional 20,086 shares in the last quarter. IFC Advisors LLC raised its position in shares of Angel Oak UltraShort Income ETF by 39.4% in the 1st quarter. IFC Advisors LLC now owns 313,913 shares of the company’s stock valued at $16,021,000 after purchasing an additional 88,758 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Angel Oak UltraShort Income ETF by 1.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 273,164 shares of the company’s stock valued at $13,941,000 after purchasing an additional 3,539 shares in the last quarter. Mason & Associates Inc raised its position in shares of Angel Oak UltraShort Income ETF by 455.7% in the 2nd quarter. Mason & Associates Inc now owns 268,513 shares of the company’s stock valued at $13,696,000 after purchasing an additional 220,191 shares in the last quarter. Finally, Steel Grove Capital Advisors LLC raised its position in shares of Angel Oak UltraShort Income ETF by 21.9% in the 3rd quarter. Steel Grove Capital Advisors LLC now owns 253,126 shares of the company’s stock valued at $12,841,000 after purchasing an additional 45,529 shares in the last quarter.

Angel Oak UltraShort Income ETF Stock Performance

Angel Oak UltraShort Income ETF stock opened at $50.90 on Friday. The stock has a 50 day moving average of $50.97 and a 200-day moving average of $51.06. Angel Oak UltraShort Income ETF has a 52 week low of $50.69 and a 52 week high of $51.40.

Angel Oak UltraShort Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were issued a $0.2304 dividend. This is a boost from Angel Oak UltraShort Income ETF’s previous monthly dividend of $0.1799. This represents a $2.77 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Wednesday, September 30th.

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.