Independent Financial Group LLC Buys New Stake in Angel Oak UltraShort Income ETF $UYLD

Independent Financial Group LLC purchased a new stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 145,244 shares of the company’s stock, valued at approximately $7,413,000. Independent Financial Group LLC owned about 0.51% of Angel Oak UltraShort Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC raised its stake in shares of Angel Oak UltraShort Income ETF by 4.6% during the 1st quarter. NewEdge Advisors LLC now owns 8,936 shares of the company’s stock valued at $457,000 after buying an additional 392 shares during the last quarter. First Trust Advisors LP purchased a new stake in shares of Angel Oak UltraShort Income ETF in the second quarter worth about $397,000. Jane Street Group LLC purchased a new stake in shares of Angel Oak UltraShort Income ETF in the second quarter worth about $3,288,000. Snowden Capital Advisors LLC grew its holdings in Angel Oak UltraShort Income ETF by 7.3% during the second quarter. Snowden Capital Advisors LLC now owns 8,222 shares of the company’s stock worth $420,000 after acquiring an additional 560 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in Angel Oak UltraShort Income ETF by 4.9% during the second quarter. Osaic Holdings Inc. now owns 16,396 shares of the company’s stock worth $837,000 after acquiring an additional 761 shares during the period.

Angel Oak UltraShort Income ETF Trading Up 0.1%

Shares of UYLD stock opened at $51.11 on Friday. The stock has a 50 day moving average of $51.09 and a 200 day moving average of $51.16. Angel Oak UltraShort Income ETF has a twelve month low of $50.96 and a twelve month high of $51.46.

Angel Oak UltraShort Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.1998 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This is a positive change from Angel Oak UltraShort Income ETF’s previous dividend of $0.18.

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.