4,545 Shares in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new stake in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 4,545 shares of the company’s stock, valued at approximately $232,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. RFG Advisory LLC bought a new stake in shares of Angel Oak UltraShort Income ETF in the fourth quarter worth $385,000. Concurrent Investment Advisors LLC boosted its position in Angel Oak UltraShort Income ETF by 49.1% in the fourth quarter. Concurrent Investment Advisors LLC now owns 15,026 shares of the company’s stock worth $767,000 after purchasing an additional 4,950 shares during the last quarter. Secure Asset Management LLC grew its stake in shares of Angel Oak UltraShort Income ETF by 14.5% during the 4th quarter. Secure Asset Management LLC now owns 19,028 shares of the company’s stock valued at $972,000 after purchasing an additional 2,416 shares during the period. Sentinel Pension Advisors Inc. increased its position in shares of Angel Oak UltraShort Income ETF by 30.2% during the 4th quarter. Sentinel Pension Advisors Inc. now owns 19,119 shares of the company’s stock valued at $976,000 after purchasing an additional 4,435 shares during the last quarter. Finally, Worth Asset Management LLC lifted its stake in shares of Angel Oak UltraShort Income ETF by 59.8% in the 4th quarter. Worth Asset Management LLC now owns 19,473 shares of the company’s stock worth $994,000 after purchasing an additional 7,284 shares during the period.

Angel Oak UltraShort Income ETF Price Performance

UYLD opened at $51.09 on Friday. The company’s 50 day moving average is $51.19 and its 200 day moving average is $51.18. Angel Oak UltraShort Income ETF has a 12-month low of $50.75 and a 12-month high of $51.44.

Angel Oak UltraShort Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were paid a dividend of $0.2458 per share. The ex-dividend date was Monday, March 31st. This is a boost from Angel Oak UltraShort Income ETF’s previous dividend of $0.20.

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.