Angel Oak UltraShort Income ETF $UYLD Shares Bought by Islay Capital Management LLC

Islay Capital Management LLC grew its position in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 14.7% in the third quarter, HoldingsChannel.com reports. The firm owned 250,538 shares of the company’s stock after acquiring an additional 32,048 shares during the period. Angel Oak UltraShort Income ETF accounts for approximately 5.9% of Islay Capital Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Islay Capital Management LLC’s holdings in Angel Oak UltraShort Income ETF were worth $12,710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the company. Gradient Investments LLC grew its position in shares of Angel Oak UltraShort Income ETF by 2.0% during the third quarter. Gradient Investments LLC now owns 1,036,433 shares of the company’s stock worth $52,579,000 after purchasing an additional 20,086 shares in the last quarter. IFC Advisors LLC increased its holdings in shares of Angel Oak UltraShort Income ETF by 39.4% in the first quarter. IFC Advisors LLC now owns 313,913 shares of the company’s stock worth $16,021,000 after purchasing an additional 88,758 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Angel Oak UltraShort Income ETF by 1.3% during the first quarter. Janney Montgomery Scott LLC now owns 273,164 shares of the company’s stock valued at $13,941,000 after buying an additional 3,539 shares during the last quarter. Mason & Associates Inc raised its holdings in shares of Angel Oak UltraShort Income ETF by 455.7% during the 2nd quarter. Mason & Associates Inc now owns 268,513 shares of the company’s stock worth $13,696,000 after acquiring an additional 220,191 shares in the last quarter. Finally, Steel Grove Capital Advisors LLC increased its position in Angel Oak UltraShort Income ETF by 21.9% in the third quarter. Steel Grove Capital Advisors LLC now owns 253,126 shares of the company’s stock worth $12,841,000 after purchasing an additional 45,529 shares during the last quarter.

Angel Oak UltraShort Income ETF Trading Down 0.0%

NASDAQ UYLD traded down $0.02 during trading hours on Tuesday, hitting $50.89. 77,206 shares of the company were exchanged, compared to its average volume of 249,599. Angel Oak UltraShort Income ETF has a 52 week low of $50.69 and a 52 week high of $51.40. The stock has a 50-day moving average price of $50.97 and a 200 day moving average price of $51.05.

Angel Oak UltraShort Income ETF Increases Dividend

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

About Angel Oak UltraShort Income ETF

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.