RFG Advisory LLC Decreases Position in Angel Oak UltraShort Income ETF $UYLD

RFG Advisory LLC lessened its holdings in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 33.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,457 shares of the company’s stock after selling 4,816 shares during the quarter. RFG Advisory LLC’s holdings in Angel Oak UltraShort Income ETF were worth $483,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Patten & Patten Inc. TN purchased a new position in Angel Oak UltraShort Income ETF in the 1st quarter worth $207,000. Firethorn Wealth Partners LLC purchased a new position in Angel Oak UltraShort Income ETF in the 2nd quarter worth $250,000. Riverwater Partners LLC raised its position in Angel Oak UltraShort Income ETF by 6.9% in the 1st quarter. Riverwater Partners LLC now owns 4,928 shares of the company’s stock worth $252,000 after purchasing an additional 319 shares during the period. Belpointe Asset Management LLC purchased a new position in Angel Oak UltraShort Income ETF in the 1st quarter worth $292,000. Finally, Able Wealth Management LLC purchased a new position in shares of Angel Oak UltraShort Income ETF in the first quarter valued at about $342,000.

Angel Oak UltraShort Income ETF Stock Performance

UYLD stock opened at $51.27 on Friday. The firm’s 50-day moving average price is $51.25 and its two-hundred day moving average price is $51.17. 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 Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were given a $0.2245 dividend. The ex-dividend date was Tuesday, September 30th. This is a positive change from Angel Oak UltraShort Income ETF’s previous monthly dividend of $0.20. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%.

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.