Wealthspire Advisors LLC Reduces Holdings in Angel Oak UltraShort Income ETF $UYLD

Wealthspire Advisors LLC lowered its position in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 26.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,166 shares of the company’s stock after selling 4,817 shares during the quarter. Wealthspire Advisors LLC owned about 0.06% of Angel Oak UltraShort Income ETF worth $672,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. NorthCrest Asset Manangement LLC boosted its position in shares of Angel Oak UltraShort Income ETF by 24.0% during the second quarter. NorthCrest Asset Manangement LLC now owns 55,339 shares of the company’s stock valued at $2,828,000 after buying an additional 10,717 shares during the period. Parsons Capital Management Inc. RI lifted its stake in shares of Angel Oak UltraShort Income ETF by 40.5% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 94,027 shares of the company’s stock worth $4,802,000 after acquiring an additional 27,090 shares during the last quarter. Steel Grove Capital Advisors LLC boosted its holdings in Angel Oak UltraShort Income ETF by 163.0% during the 2nd quarter. Steel Grove Capital Advisors LLC now owns 161,970 shares of the company’s stock valued at $8,272,000 after acquiring an additional 100,390 shares during the period. Islay Capital Management LLC boosted its holdings in Angel Oak UltraShort Income ETF by 23.4% during the 2nd quarter. Islay Capital Management LLC now owns 77,889 shares of the company’s stock valued at $3,978,000 after acquiring an additional 14,752 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in Angel Oak UltraShort Income ETF by 15.7% in the second quarter. Janney Montgomery Scott LLC now owns 226,236 shares of the company’s stock worth $11,554,000 after purchasing an additional 30,632 shares during the period.

Angel Oak UltraShort Income ETF Price Performance

Shares of UYLD opened at $51.27 on Friday. The firm has a fifty day moving average price of $51.25 and a 200-day moving average price of $51.20. Angel Oak UltraShort Income ETF has a 12-month low of $50.74 and a 12-month high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 31st were given a $0.2133 dividend. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Friday, October 31st.

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.