Angel Oak UltraShort Income ETF (NASDAQ:UYLD) Stake Cut by Islay Capital Management LLC

Islay Capital Management LLC lessened its holdings in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 4.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,487 shares of the company’s stock after selling 1,926 shares during the quarter. Angel Oak UltraShort Income ETF makes up 1.4% of Islay Capital Management LLC’s investment portfolio, making the stock its 21st largest holding. Islay Capital Management LLC’s holdings in Angel Oak UltraShort Income ETF were worth $1,965,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in UYLD. Raymond James Financial Inc. purchased a new stake in shares of Angel Oak UltraShort Income ETF during the 4th quarter worth about $232,000. Riverwater Partners LLC bought a new position in Angel Oak UltraShort Income ETF during the fourth quarter valued at approximately $235,000. RFG Advisory LLC acquired a new stake in Angel Oak UltraShort Income ETF in the fourth quarter valued at approximately $385,000. Concurrent Investment Advisors LLC grew its position in Angel Oak UltraShort Income ETF by 49.1% in the fourth quarter. Concurrent Investment Advisors LLC now owns 15,026 shares of the company’s stock worth $767,000 after acquiring an additional 4,950 shares in the last quarter. Finally, Secure Asset Management LLC increased its stake in shares of Angel Oak UltraShort Income ETF by 14.5% during the 4th quarter. Secure Asset Management LLC now owns 19,028 shares of the company’s stock worth $972,000 after purchasing an additional 2,416 shares during the last quarter.

Angel Oak UltraShort Income ETF Stock Down 0.1 %

UYLD stock opened at $51.08 on Friday. Angel Oak UltraShort Income ETF has a 1 year low of $50.75 and a 1 year high of $51.44. The company has a fifty day simple moving average of $51.21 and a 200 day simple moving average of $51.20.

Angel Oak UltraShort Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were paid a dividend of $0.2458 per share. The ex-dividend date was Monday, March 31st. This is an increase from Angel Oak UltraShort Income ETF’s previous dividend of $0.20.

About Angel Oak UltraShort Income ETF

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.