Angel Oak UltraShort Income ETF $UYLD is Richard P Slaughter Associates Inc’s 6th Largest Position

Richard P Slaughter Associates Inc decreased its position in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 6.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 649,957 shares of the company’s stock after selling 46,044 shares during the period. Angel Oak UltraShort Income ETF comprises 7.2% of Richard P Slaughter Associates Inc’s investment portfolio, making the stock its 6th largest position. Richard P Slaughter Associates Inc’s holdings in Angel Oak UltraShort Income ETF were worth $33,242,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Gradient Investments LLC purchased a new position in Angel Oak UltraShort Income ETF in the 3rd quarter worth approximately $71,962,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Angel Oak UltraShort Income ETF by 10.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 8,961,125 shares of the company’s stock worth $457,913,000 after purchasing an additional 881,145 shares in the last quarter. Vise Technologies Inc. bought a new stake in shares of Angel Oak UltraShort Income ETF in the 2nd quarter worth $5,736,000. Steel Grove Capital Advisors LLC raised its stake in shares of Angel Oak UltraShort Income ETF by 163.0% in the second quarter. Steel Grove Capital Advisors LLC now owns 161,970 shares of the company’s stock worth $8,272,000 after purchasing an additional 100,390 shares during the last quarter. Finally, Greenwich Wealth Management LLC lifted its holdings in shares of Angel Oak UltraShort Income ETF by 172.4% during the second quarter. Greenwich Wealth Management LLC now owns 148,509 shares of the company’s stock valued at $7,584,000 after purchasing an additional 93,992 shares in the last quarter.

Angel Oak UltraShort Income ETF Stock Up 0.1%

Angel Oak UltraShort Income ETF stock opened at $51.28 on Friday. Angel Oak UltraShort Income ETF has a one year low of $50.74 and a one year high of $51.46. The business’s fifty day moving average is $51.23 and its 200 day moving average is $51.21.

Angel Oak UltraShort Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 28th were issued a dividend of $0.1756 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, November 28th.

Angel Oak UltraShort Income ETF 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.