Precision Wealth Strategies LLC Has $8.43 Million Stake in Angel Oak UltraShort Income ETF $UYLD

Precision Wealth Strategies LLC grew its position in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 35.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 165,111 shares of the company’s stock after purchasing an additional 42,784 shares during the period. Angel Oak UltraShort Income ETF comprises about 2.8% of Precision Wealth Strategies LLC’s portfolio, making the stock its 8th largest position. Precision Wealth Strategies LLC owned approximately 0.58% of Angel Oak UltraShort Income ETF worth $8,426,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Angel Oak UltraShort Income ETF by 11.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,912,606 shares of the company’s stock valued at $558,344,000 after buying an additional 1,133,106 shares during the period. Osaic Holdings Inc. raised its stake in Angel Oak UltraShort Income ETF by 61.6% during the 4th quarter. Osaic Holdings Inc. now owns 804,220 shares of the company’s stock worth $41,131,000 after buying an additional 306,470 shares during the period. Citadel Advisors LLC lifted its holdings in Angel Oak UltraShort Income ETF by 1,273.9% during the third quarter. Citadel Advisors LLC now owns 300,188 shares of the company’s stock worth $15,353,000 after acquiring an additional 278,338 shares in the last quarter. First National Bank of Omaha bought a new position in Angel Oak UltraShort Income ETF during the fourth quarter worth about $13,248,000. Finally, UBS Group AG grew its stake in Angel Oak UltraShort Income ETF by 48.7% in the third quarter. UBS Group AG now owns 720,006 shares of the company’s stock valued at $36,825,000 after acquiring an additional 235,886 shares during the period.

Angel Oak UltraShort Income ETF Stock Performance

Shares of Angel Oak UltraShort Income ETF stock opened at $51.11 on Friday. Angel Oak UltraShort Income ETF has a 1 year low of $50.96 and a 1 year high of $51.46. The business has a 50-day moving average of $51.09 and a two-hundred day moving average of $51.16.

Angel Oak UltraShort Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were given a $0.1998 dividend. The ex-dividend date was Tuesday, June 30th. This is a boost 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.