Crescent Grove Advisors LLC Lowers Stock Holdings in Angel Oak UltraShort Income ETF $UYLD

Crescent Grove Advisors LLC reduced its holdings in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 30.1% during the 1st quarter, Holdings Channel reports. The firm owned 243,870 shares of the company’s stock after selling 104,808 shares during the quarter. Angel Oak UltraShort Income ETF makes up about 1.2% of Crescent Grove Advisors LLC’s holdings, making the stock its 20th largest holding. Crescent Grove Advisors LLC’s holdings in Angel Oak UltraShort Income ETF were worth $12,500,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Angel Oak UltraShort Income ETF during the 4th quarter worth approximately $27,000. Royal Bank of Canada lifted its position in shares of Angel Oak UltraShort Income ETF by 76.0% during the 4th quarter. Royal Bank of Canada now owns 901 shares of the company’s stock valued at $46,000 after buying an additional 389 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Angel Oak UltraShort Income ETF by 46,300.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock valued at $71,000 after acquiring an additional 1,389 shares during the period. Rockefeller Capital Management L.P. grew its stake in Angel Oak UltraShort Income ETF by 30.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 5,058 shares of the company’s stock valued at $259,000 after acquiring an additional 1,176 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its holdings in Angel Oak UltraShort Income ETF by 18.6% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 5,328 shares of the company’s stock worth $272,000 after acquiring an additional 837 shares in the last quarter.

Angel Oak UltraShort Income ETF Price Performance

Shares of NASDAQ UYLD opened at $51.11 on Friday. The firm has a fifty day moving average of $51.09 and a 200 day moving average of $51.16. Angel Oak UltraShort Income ETF has a one year low of $50.96 and a one year high of $51.46.

Angel Oak UltraShort Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a $0.1998 dividend. This is a positive change from Angel Oak UltraShort Income ETF’s previous dividend of $0.18. The ex-dividend date was Tuesday, June 30th.

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.