Angel Oak UltraShort Income ETF (UYLD) to Issue Monthly Dividend of $0.19 on November 2nd

Angel Oak UltraShort Income ETF (NASDAQ:UYLD) declared a monthly dividend on Thursday, October 29th. Investors of record on Friday, October 30th will be given a dividend of $0.1882 per share on Monday, November 2nd. This represents a $2.26 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, October 30th. This is a 18.3% decrease from Angel Oak UltraShort Income ETF’s previous monthly dividend of $0.2304.

Angel Oak UltraShort Income ETF Price Performance

UYLD opened at $50.85 on Friday. The stock’s 50-day moving average price is $50.94 and its 200 day moving average price is $51.10. Angel Oak UltraShort Income ETF has a 12-month low of $50.69 and a 12-month high of $51.40.

Institutional Trading of Angel Oak UltraShort Income ETF

Hedge funds have recently made changes to their positions in the business. Mason & Associates Inc increased its position in shares of Angel Oak UltraShort Income ETF by 455.7% during the second quarter. Mason & Associates Inc now owns 268,513 shares of the company’s stock worth $13,696,000 after acquiring an additional 220,191 shares during the period. Kestra Advisory Services LLC grew its stake in Angel Oak UltraShort Income ETF by 833.8% during the 1st quarter. Kestra Advisory Services LLC now owns 169,902 shares of the company’s stock worth $8,671,000 after purchasing an additional 151,708 shares in the last quarter. Independent Financial Group LLC acquired a new position in Angel Oak UltraShort Income ETF during the 1st quarter worth $7,413,000. Wealthcare Advisory Partners LLC grew its stake in Angel Oak UltraShort Income ETF by 2,031.5% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 108,896 shares of the company’s stock worth $5,554,000 after purchasing an additional 103,787 shares in the last quarter. Finally, Fig Financial Advisory Services Inc. ADV purchased a new stake in Angel Oak UltraShort Income ETF during the 3rd quarter worth about $4,740,000.

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.