Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Increases Dividend to $0.06 Per Share

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) announced a monthly dividend on Tuesday, September 29th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.0628 per share on Thursday, October 1st. This represents a $0.75 annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Wednesday, September 30th. This is a 5.8% increase from Angel Oak High Yield Opportunities ETF’s previous monthly dividend of $0.0594.

Angel Oak High Yield Opportunities ETF Price Performance

AOHY stock opened at $10.76 on Wednesday. The business has a 50-day moving average price of $10.99 and a 200 day moving average price of $11.02. The company has a market capitalization of $117.39 million, a P/E ratio of 2.33 and a beta of 0.19. Angel Oak High Yield Opportunities ETF has a 1-year low of $10.70 and a 1-year high of $11.27.

Institutional Trading of Angel Oak High Yield Opportunities ETF

A number of institutional investors have recently made changes to their positions in the business. Arkadios Wealth Advisors boosted its stake in Angel Oak High Yield Opportunities ETF by 12.3% in the 1st quarter. Arkadios Wealth Advisors now owns 3,857,687 shares of the company’s stock worth $42,165,000 after purchasing an additional 422,647 shares in the last quarter. NewEdge Wealth LLC raised its holdings in Angel Oak High Yield Opportunities ETF by 8.2% in the 1st quarter. NewEdge Wealth LLC now owns 374,657 shares of the company’s stock worth $4,095,000 after purchasing an additional 28,499 shares during the period. Breakwater Capital Group purchased a new position in Angel Oak High Yield Opportunities ETF during the second quarter worth approximately $1,235,000. IFP Advisors Inc grew its stake in Angel Oak High Yield Opportunities ETF by 21.3% in the 2nd quarter. IFP Advisors Inc now owns 65,361 shares of the company’s stock valued at $719,000 after acquiring an additional 11,499 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in Angel Oak High Yield Opportunities ETF during the 2nd quarter worth approximately $476,000.

Angel Oak High Yield Opportunities ETF Company Profile

The Angel Oak High Yield Opportunities ETF (AOHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to high-yield fixed-income securities, globally. The fund seeks a high level of current income, and to a lesser extent, capital appreciation. AOHY was launched on Feb 20, 2024 and is issued by Angel Oak.