Partners Wealth Management LLC Acquires 10,140 Shares of Angel Oak UltraShort Income ETF $UYLD

Partners Wealth Management LLC acquired a new stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) during the third quarter, according to its most recent filing with the SEC. The firm acquired 10,140 shares of the company’s stock, valued at approximately $517,000.

A number of other hedge funds have also recently bought and sold shares of the company. Gradient Investments LLC increased its stake in shares of Angel Oak UltraShort Income ETF by 2.0% in the 3rd quarter. Gradient Investments LLC now owns 1,036,433 shares of the company’s stock valued at $52,579,000 after buying an additional 20,086 shares during the period. IFC Advisors LLC raised its position in shares of Angel Oak UltraShort Income ETF by 39.4% during the first quarter. IFC Advisors LLC now owns 313,913 shares of the company’s stock worth $16,021,000 after acquiring an additional 88,758 shares during the last quarter. Mason & Associates Inc raised its position in shares of Angel Oak UltraShort Income ETF by 455.7% during the second quarter. Mason & Associates Inc now owns 268,513 shares of the company’s stock worth $13,696,000 after acquiring an additional 220,191 shares during the last quarter. Steel Grove Capital Advisors LLC raised its position in shares of Angel Oak UltraShort Income ETF by 21.9% during the third quarter. Steel Grove Capital Advisors LLC now owns 253,126 shares of the company’s stock worth $12,841,000 after acquiring an additional 45,529 shares during the last quarter. Finally, Islay Capital Management LLC lifted its stake in shares of Angel Oak UltraShort Income ETF by 14.7% during the third quarter. Islay Capital Management LLC now owns 250,538 shares of the company’s stock valued at $12,710,000 after acquiring an additional 32,048 shares during the period.

Angel Oak UltraShort Income ETF Stock Down 0.3%

Shares of UYLD opened at $50.85 on Friday. The stock’s fifty day simple moving average is $50.94 and its 200-day simple moving average is $51.10. Angel Oak UltraShort Income ETF has a 12-month low of $50.69 and a 12-month high of $51.40.

Angel Oak UltraShort Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 30th will be issued a dividend of $0.1882 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $2.26 annualized dividend and a yield of 4.4%. This is a decrease from Angel Oak UltraShort Income ETF’s previous monthly dividend of $0.2304.

Angel Oak UltraShort Income ETF Company 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.