IFC Advisors LLC Has $16.02 Million Holdings in Angel Oak UltraShort Income ETF $UYLD

IFC Advisors LLC raised its holdings in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 39.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 313,913 shares of the company’s stock after buying an additional 88,758 shares during the period. Angel Oak UltraShort Income ETF comprises approximately 2.3% of IFC Advisors LLC’s investment portfolio, making the stock its 6th biggest position. IFC Advisors LLC’s holdings in Angel Oak UltraShort Income ETF were worth $16,021,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Angel Oak UltraShort Income ETF in the fourth quarter worth approximately $27,000. Royal Bank of Canada boosted its holdings in Angel Oak UltraShort Income ETF by 76.0% during the 4th quarter. Royal Bank of Canada now owns 901 shares of the company’s stock valued at $46,000 after acquiring an additional 389 shares during the period. JPMorgan Chase & Co. grew its position in Angel Oak UltraShort Income ETF by 46,300.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock valued at $71,000 after acquiring an additional 1,389 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in Angel Oak UltraShort Income ETF by 30.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 5,058 shares of the company’s stock valued at $259,000 after acquiring an additional 1,176 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its stake in Angel Oak UltraShort Income ETF by 18.6% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,328 shares of the company’s stock worth $272,000 after purchasing an additional 837 shares during the period.

Angel Oak UltraShort Income ETF Trading Down 0.0%

UYLD stock opened at $51.04 on Monday. Angel Oak UltraShort Income ETF has a twelve month low of $50.96 and a twelve month high of $51.46. The business’s fifty day simple moving average is $51.09 and its two-hundred day simple moving average is $51.17.

Angel Oak UltraShort Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a dividend of $0.1998 per share. This is a boost from Angel Oak UltraShort Income ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Tuesday, June 30th.

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.