Angel Oak High Yield Opportunities ETF (AOHY) to Issue Monthly Dividend of $0.06 on October 1st

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) declared a monthly dividend on Monday, September 29th. Stockholders of record on Tuesday, September 30th will be given a dividend of 0.0606 per share on Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Tuesday, September 30th. This is a 8.8% increase from Angel Oak High Yield Opportunities ETF’s previous monthly dividend of $0.06.

Angel Oak High Yield Opportunities ETF Trading Down 0.5%

Angel Oak High Yield Opportunities ETF stock opened at $11.20 on Wednesday. The stock has a market cap of $121.97 million and a P/E ratio of 2.33. The stock has a 50 day moving average of $11.18 and a 200-day moving average of $11.05. Angel Oak High Yield Opportunities ETF has a 52 week low of $10.52 and a 52 week high of $11.47.

Hedge Funds Weigh In On Angel Oak High Yield Opportunities ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new position in shares of Angel Oak High Yield Opportunities ETF during the 2nd quarter valued at approximately $62,000. WBI Investments LLC lifted its stake in Angel Oak High Yield Opportunities ETF by 126.7% during the second quarter. WBI Investments LLC now owns 187,233 shares of the company’s stock worth $2,085,000 after purchasing an additional 104,638 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in Angel Oak High Yield Opportunities ETF by 11.2% during the second quarter. Arkadios Wealth Advisors now owns 2,146,358 shares of the company’s stock worth $23,900,000 after purchasing an additional 216,068 shares during the last quarter. Moloney Securities Asset Management LLC bought a new position in Angel Oak High Yield Opportunities ETF during the second quarter worth $139,000. Finally, IFP Advisors Inc lifted its stake in Angel Oak High Yield Opportunities ETF by 26.7% during the second quarter. IFP Advisors Inc now owns 31,259 shares of the company’s stock worth $348,000 after purchasing an additional 6,590 shares during the last quarter.

Angel Oak High Yield Opportunities ETF Company Profile

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.