Paladin Wealth LLC Invests $1.13 Million in Angel Oak UltraShort Income ETF $UYLD

Paladin Wealth LLC bought a new stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 22,047 shares of the company’s stock, valued at approximately $1,128,000.

Other institutional investors also recently bought and sold shares of the company. Firethorn Wealth Partners LLC acquired a new stake in shares of Angel Oak UltraShort Income ETF during the 2nd quarter worth about $250,000. Belpointe Asset Management LLC purchased a new stake in shares of Angel Oak UltraShort Income ETF during the 1st quarter worth approximately $292,000. Riverwater Partners LLC boosted its stake in Angel Oak UltraShort Income ETF by 22.5% in the second quarter. Riverwater Partners LLC now owns 6,037 shares of the company’s stock valued at $308,000 after acquiring an additional 1,109 shares in the last quarter. First Trust Advisors LP purchased a new position in shares of Angel Oak UltraShort Income ETF during the second quarter worth about $397,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of Angel Oak UltraShort Income ETF in the 2nd quarter valued at about $414,000.

Angel Oak UltraShort Income ETF Price Performance

Shares of NASDAQ UYLD opened at $51.28 on Tuesday. Angel Oak UltraShort Income ETF has a 52-week low of $50.74 and a 52-week high of $51.46. The business has a 50-day moving average price of $51.23 and a 200 day moving average price of $51.21.

Angel Oak UltraShort Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 28th were given a $0.1756 dividend. The ex-dividend date was Friday, November 28th. This represents a c) annualized dividend and a yield of 4.1%.

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.