WBI Investments LLC Boosts Stake in Angel Oak High Yield Opportunities ETF $AOHY

WBI Investments LLC increased its holdings in Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) by 126.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 187,233 shares of the company’s stock after purchasing an additional 104,638 shares during the quarter. WBI Investments LLC’s holdings in Angel Oak High Yield Opportunities ETF were worth $2,085,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new position in shares of Angel Oak High Yield Opportunities ETF during the 2nd quarter worth approximately $35,000. Moloney Securities Asset Management LLC acquired a new stake in shares of Angel Oak High Yield Opportunities ETF in the 2nd quarter worth $139,000. OLD Mission Capital LLC boosted its position in shares of Angel Oak High Yield Opportunities ETF by 45.7% during the 1st quarter. OLD Mission Capital LLC now owns 16,673 shares of the company’s stock valued at $183,000 after acquiring an additional 5,233 shares during the last quarter. IFP Advisors Inc increased its position in Angel Oak High Yield Opportunities ETF by 438.3% during the first quarter. IFP Advisors Inc now owns 24,669 shares of the company’s stock worth $271,000 after purchasing an additional 20,086 shares during the last quarter. Finally, PFG Investments LLC acquired a new position in Angel Oak High Yield Opportunities ETF in the 2nd quarter valued at about $373,000.

Angel Oak High Yield Opportunities ETF Stock Performance

AOHY stock opened at $11.04 on Tuesday. Angel Oak High Yield Opportunities ETF has a one year low of $10.52 and a one year high of $11.47. The firm has a market cap of $127.62 million, a PE ratio of 2.33 and a beta of 0.22. The firm’s 50 day moving average price is $11.17 and its 200-day moving average price is $11.11.

Angel Oak High Yield Opportunities ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 3rd. Stockholders of record on Friday, October 31st were issued a dividend of $0.0593 per share. The ex-dividend date was Friday, October 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

Angel Oak High Yield Opportunities ETF Company Profile

The Angel Oak High Yield Opportunities ETF (AOHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to high-yield fixed-income securities, globally. The fund seeks a high level of current income, and to a lesser extent, capital appreciation.