Angel Oak Capital Advisors LLC Invests $25.99 Million in Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY)

Angel Oak Capital Advisors LLC acquired a new stake in Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,360,240 shares of the company’s stock, valued at approximately $25,986,000. Angel Oak High Yield Opportunities ETF accounts for 34.5% of Angel Oak Capital Advisors LLC’s holdings, making the stock its biggest holding. Angel Oak Capital Advisors LLC owned approximately 22.89% of Angel Oak High Yield Opportunities ETF at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of AOHY. Arkadios Wealth Advisors increased its stake in Angel Oak High Yield Opportunities ETF by 26.0% during the fourth quarter. Arkadios Wealth Advisors now owns 1,838,653 shares of the company’s stock worth $20,244,000 after purchasing an additional 379,201 shares during the period. Merit Financial Group LLC acquired a new position in shares of Angel Oak High Yield Opportunities ETF in the fourth quarter valued at approximately $4,138,000. MML Investors Services LLC increased its stake in Angel Oak High Yield Opportunities ETF by 69.6% during the 3rd quarter. MML Investors Services LLC now owns 192,102 shares of the company’s stock worth $2,146,000 after buying an additional 78,829 shares during the period. Finally, Flagstar Advisors Inc. lifted its holdings in Angel Oak High Yield Opportunities ETF by 36.4% during the 3rd quarter. Flagstar Advisors Inc. now owns 23,845 shares of the company’s stock worth $268,000 after buying an additional 6,365 shares in the last quarter.

Angel Oak High Yield Opportunities ETF Price Performance

Shares of AOHY stock opened at $11.13 on Tuesday. Angel Oak High Yield Opportunities ETF has a 52 week low of $10.68 and a 52 week high of $11.47. The firm has a 50 day moving average of $11.09 and a two-hundred day moving average of $11.12.

Angel Oak High Yield Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were issued a $0.0476 dividend. The ex-dividend date was Friday, January 31st. This represents a $0.57 dividend on an annualized basis and a yield of 5.13%.