Kestra Advisory Services LLC Acquires 151,708 Shares of Angel Oak UltraShort Income ETF $UYLD

Kestra Advisory Services LLC boosted its holdings in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 833.8% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 169,902 shares of the company’s stock after acquiring an additional 151,708 shares during the quarter. Kestra Advisory Services LLC owned 0.59% of Angel Oak UltraShort Income ETF worth $8,671,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of UYLD. Transamerica Financial Advisors LLC boosted its position in shares of Angel Oak UltraShort Income ETF by 0.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 48,809 shares of the company’s stock valued at $2,496,000 after acquiring an additional 277 shares during the last quarter. Ieq Capital LLC raised its stake in Angel Oak UltraShort Income ETF by 1.8% in the fourth quarter. Ieq Capital LLC now owns 17,850 shares of the company’s stock valued at $913,000 after purchasing an additional 314 shares in the last quarter. Royal Bank of Canada raised its stake in Angel Oak UltraShort Income ETF by 76.0% in the fourth quarter. Royal Bank of Canada now owns 901 shares of the company’s stock valued at $46,000 after purchasing an additional 389 shares in the last quarter. NewEdge Advisors LLC lifted its position in Angel Oak UltraShort Income ETF by 4.6% during the first quarter. NewEdge Advisors LLC now owns 8,936 shares of the company’s stock valued at $457,000 after purchasing an additional 392 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in Angel Oak UltraShort Income ETF during the fourth quarter valued at approximately $27,000.

Angel Oak UltraShort Income ETF Price Performance

UYLD stock opened at $51.04 on Tuesday. The firm has a 50 day simple moving average of $51.09 and a two-hundred day simple moving average of $51.16. Angel Oak UltraShort Income ETF has a one year low of $50.96 and a one year high of $51.46.

Angel Oak UltraShort Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were given a $0.1998 dividend. This is a boost from Angel Oak UltraShort Income ETF’s previous dividend of $0.18. The ex-dividend date was Tuesday, June 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.