Weaver Consulting Group Acquires New Position in Angel Oak UltraShort Income ETF $UYLD

Weaver Consulting Group acquired a new stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 111,994 shares of the company’s stock, valued at approximately $5,728,000. Angel Oak UltraShort Income ETF accounts for about 1.4% of Weaver Consulting Group’s investment portfolio, making the stock its 14th biggest position.

Other hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Angel Oak UltraShort Income ETF in the fourth quarter valued at about $27,000. MAI Capital Management purchased a new stake in shares of Angel Oak UltraShort Income ETF in the third quarter valued at about $28,000. JPMorgan Chase & Co. grew its holdings in shares of Angel Oak UltraShort Income ETF by 46,300.0% in the third quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock valued at $71,000 after purchasing an additional 1,389 shares during the period. Wealthcare Advisory Partners LLC purchased a new stake in shares of Angel Oak UltraShort Income ETF in the third quarter valued at about $230,000. Finally, A4 Wealth Advisors LLC acquired a new position in Angel Oak UltraShort Income ETF in the third quarter valued at about $240,000.

Angel Oak UltraShort Income ETF Stock Up 0.0%

NASDAQ UYLD opened at $51.20 on Friday. The firm’s 50-day moving average is $51.14 and its two-hundred day moving average is $51.20. Angel Oak UltraShort Income ETF has a 12 month low of $50.96 and a 12 month high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, May 1st. Shareholders of record on Thursday, April 30th were given a $0.1826 dividend. The ex-dividend date of this dividend was Thursday, April 30th.

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.