Angel Oak High Yield Opportunities ETF (AOHY) to Issue Monthly Dividend of $0.07 on April 1st

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) declared a monthly dividend on Monday, March 30th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.0723 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a 40.6% increase from Angel Oak High Yield Opportunities ETF’s previous monthly dividend of $0.05.

Angel Oak High Yield Opportunities ETF Stock Up 0.4%

NASDAQ AOHY opened at $10.93 on Wednesday. The company has a market cap of $120.56 million, a price-to-earnings ratio of 2.33 and a beta of 0.22. Angel Oak High Yield Opportunities ETF has a twelve month low of $10.52 and a twelve month high of $11.29. The business’s fifty day moving average is $11.10 and its 200 day moving average is $11.13.

Institutional Trading of Angel Oak High Yield Opportunities ETF

Hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in shares of Angel Oak High Yield Opportunities ETF in the second quarter valued at approximately $62,000. AE Wealth Management LLC boosted its position in Angel Oak High Yield Opportunities ETF by 657.4% during the 3rd quarter. AE Wealth Management LLC now owns 10,353 shares of the company’s stock worth $116,000 after buying an additional 8,986 shares during the period. Ausdal Financial Partners Inc. bought a new stake in Angel Oak High Yield Opportunities ETF during the 3rd quarter worth approximately $122,000. Kestra Advisory Services LLC bought a new stake in Angel Oak High Yield Opportunities ETF during the 4th quarter worth approximately $140,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in Angel Oak High Yield Opportunities ETF in the 3rd quarter valued at approximately $164,000.

About Angel Oak High Yield Opportunities ETF

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.