Angel Oak UltraShort Income ETF (NASDAQ:UYLD) Plans Monthly Dividend of $0.19

Angel Oak UltraShort Income ETF (NASDAQ:UYLD) announced a monthly dividend on Thursday, October 29th. Shareholders of record on Friday, October 30th will be given a dividend of $0.1882 per share on Monday, November 2nd. This represents a $2.26 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Friday, October 30th. This is a 18.3% decrease from Angel Oak UltraShort Income ETF’s previous monthly dividend of $0.2304.

Angel Oak UltraShort Income ETF Trading Up 0.0%

Shares of UYLD opened at $51.00 on Friday. Angel Oak UltraShort Income ETF has a one year low of $50.69 and a one year high of $51.40. The company has a 50-day moving average of $50.95 and a two-hundred day moving average of $51.10.

Hedge Funds Weigh In On Angel Oak UltraShort Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its stake in Angel Oak UltraShort Income ETF by 199.2% in the 2nd quarter. NewEdge Advisors LLC now owns 2,115 shares of the company’s stock worth $108,000 after acquiring an additional 1,408 shares in the last quarter. Bauman Advisory Group LLC acquired a new stake in shares of Angel Oak UltraShort Income ETF during the third quarter worth approximately $217,000. Worth Asset Management LLC acquired a new stake in shares of Angel Oak UltraShort Income ETF during the second quarter worth approximately $247,000. Rockefeller Capital Management L.P. grew its position in Angel Oak UltraShort Income ETF by 30.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 5,058 shares of the company’s stock valued at $259,000 after purchasing an additional 1,176 shares in the last quarter. Finally, Partners Wealth Management LLC purchased a new position in Angel Oak UltraShort Income ETF during the third quarter valued at approximately $517,000.

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.