Angel Oak UltraShort Income ETF Declares Monthly Dividend of $0.16 (NASDAQ:UYLD)

Angel Oak UltraShort Income ETF (NASDAQ:UYLD) declared a monthly dividend on Thursday, February 26th. Investors of record on Friday, February 27th will be given a dividend of 0.159 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, February 27th.

Angel Oak UltraShort Income ETF Stock Performance

UYLD traded down $0.13 during trading on Friday, reaching $51.21. 19,755 shares of the stock traded hands, compared to its average volume of 178,337. The stock’s 50-day moving average is $51.25 and its 200 day moving average is $51.24. Angel Oak UltraShort Income ETF has a 12 month low of $50.74 and a 12 month high of $51.46.

Institutional Trading of Angel Oak UltraShort Income ETF

Several large investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its position in shares of Angel Oak UltraShort Income ETF by 11.6% during 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 acquiring an additional 1,133,106 shares during the period. Gradient Investments LLC bought a new stake in Angel Oak UltraShort Income ETF in the third quarter valued at $71,962,000. Focus Partners Wealth increased its stake in Angel Oak UltraShort Income ETF by 4.9% in the third quarter. Focus Partners Wealth now owns 1,130,839 shares of the company’s stock valued at $57,837,000 after purchasing an additional 53,130 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Angel Oak UltraShort Income ETF by 61.6% during the fourth quarter. Osaic Holdings Inc. now owns 804,220 shares of the company’s stock valued at $41,131,000 after purchasing an additional 306,470 shares during the period. Finally, UBS Group AG boosted its position in shares of Angel Oak UltraShort Income ETF by 11.6% during the 4th quarter. UBS Group AG now owns 803,675 shares of the company’s stock worth $41,104,000 after purchasing an additional 83,669 shares in the last quarter.

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.