Able Wealth Management LLC Takes Position in Angel Oak UltraShort Income ETF (NASDAQ:UYLD)

Able Wealth Management LLC bought a new stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,695 shares of the company’s stock, valued at approximately $342,000.

A number of other institutional investors also recently made changes to their positions in UYLD. Wealth Enhancement Advisory Services LLC increased its stake in Angel Oak UltraShort Income ETF by 13.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,300,696 shares of the company’s stock worth $372,810,000 after acquiring an additional 852,178 shares during the last quarter. Crescent Grove Advisors LLC grew its stake in Angel Oak UltraShort Income ETF by 75.7% in the first quarter. Crescent Grove Advisors LLC now owns 455,291 shares of the company’s stock worth $23,373,000 after purchasing an additional 196,224 shares in the last quarter. Heritage Trust Co bought a new stake in Angel Oak UltraShort Income ETF in the fourth quarter valued at about $6,814,000. Wells Fargo & Company MN lifted its holdings in Angel Oak UltraShort Income ETF by 839.1% during the 4th quarter. Wells Fargo & Company MN now owns 142,514 shares of the company’s stock worth $7,277,000 after buying an additional 127,339 shares during the last quarter. Finally, Congress Wealth Management LLC DE raised its position in shares of Angel Oak UltraShort Income ETF by 43.2% during the 4th quarter. Congress Wealth Management LLC DE now owns 368,385 shares of the company’s stock valued at $18,812,000 after acquiring an additional 111,095 shares in the last quarter.

Angel Oak UltraShort Income ETF Stock Up 0.0%

Angel Oak UltraShort Income ETF stock opened at $51.10 on Thursday. Angel Oak UltraShort Income ETF has a 12 month low of $50.74 and a 12 month high of $51.44. The company has a fifty day moving average price of $51.13 and a two-hundred day moving average price of $51.16.

Angel Oak UltraShort Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 1st. Investors of record on Monday, June 30th were issued a $0.2126 dividend. The ex-dividend date was Monday, June 30th.

Angel Oak UltraShort Income ETF 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.