Mason & Associates Inc Buys New Shares in Angel Oak UltraShort Income ETF $UYLD

Mason & Associates Inc purchased a new stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 48,322 shares of the company’s stock, valued at approximately $2,475,000. Mason & Associates Inc owned 0.17% of Angel Oak UltraShort Income ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Transamerica Financial Advisors LLC increased its holdings in shares of Angel Oak UltraShort Income ETF by 0.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 48,809 shares of the company’s stock worth $2,496,000 after purchasing an additional 277 shares during the period. Ieq Capital LLC lifted its stake in shares of Angel Oak UltraShort Income ETF by 1.8% in the fourth quarter. Ieq Capital LLC now owns 17,850 shares of the company’s stock valued at $913,000 after buying an additional 314 shares during the period. Royal Bank of Canada grew its position in Angel Oak UltraShort Income ETF by 76.0% during the fourth quarter. Royal Bank of Canada now owns 901 shares of the company’s stock worth $46,000 after buying an additional 389 shares in the last quarter. NewEdge Advisors LLC grew its position in Angel Oak UltraShort Income ETF by 4.6% during the first quarter. NewEdge Advisors LLC now owns 8,936 shares of the company’s stock worth $457,000 after buying an additional 392 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in Angel Oak UltraShort Income ETF during the fourth quarter valued at about $27,000.

Angel Oak UltraShort Income ETF Stock Performance

Shares of UYLD opened at $51.04 on Friday. The stock’s 50-day moving average price is $51.09 and its 200 day moving average price is $51.17. Angel Oak UltraShort Income ETF has a 12-month low of $50.96 and a 12-month high of $51.46.

Angel Oak UltraShort Income ETF Increases Dividend

The company also recently disclosed 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 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.