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

Angel Oak UltraShort Income ETF (NASDAQ:UYLD) declared a monthly dividend on Thursday, October 29th. Investors of record on Friday, October 30th will be paid a dividend of $0.1882 per share on Monday, November 2nd. This represents a $2.26 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date 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 stock opened at $51.00 on Friday. Angel Oak UltraShort Income ETF has a 52 week low of $50.69 and a 52 week high of $51.40. The company’s fifty day simple moving average is $50.95 and its two-hundred day simple moving average is $51.10.

Institutional Trading of Angel Oak UltraShort Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Bauman Advisory Group LLC purchased a new position in Angel Oak UltraShort Income ETF during the third quarter valued at $217,000. Vise Technologies Inc. raised its position in shares of Angel Oak UltraShort Income ETF by 20.8% in the third quarter. Vise Technologies Inc. now owns 227,921 shares of the company’s stock valued at $11,563,000 after buying an additional 39,243 shares during the last quarter. Partners Wealth Management LLC purchased a new position in Angel Oak UltraShort Income ETF in the 3rd quarter worth approximately $517,000. Midland Wealth Advisors LLC lifted its position in Angel Oak UltraShort Income ETF by 6.5% during the third quarter. Midland Wealth Advisors LLC now owns 248,527 shares of the company’s stock worth $12,608,000 after buying an additional 15,262 shares in the last quarter. Finally, Paladin Wealth LLC grew its holdings in Angel Oak UltraShort Income ETF by 15.1% in the 3rd quarter. Paladin Wealth LLC now owns 22,383 shares of the company’s stock valued at $1,136,000 after buying an additional 2,930 shares in the last quarter.

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.