Envestnet Asset Management Inc. Purchases 32,547 Shares of Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY)

Envestnet Asset Management Inc. increased its position in shares of Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) by 12.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 287,439 shares of the company’s stock after buying an additional 32,547 shares during the quarter. Envestnet Asset Management Inc. owned 2.79% of Angel Oak High Yield Opportunities ETF worth $3,165,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of AOHY. IFP Advisors Inc acquired a new position in Angel Oak High Yield Opportunities ETF during the 4th quarter worth approximately $50,000. OLD Mission Capital LLC acquired a new position in Angel Oak High Yield Opportunities ETF during the fourth quarter worth $126,000. Flagstar Advisors Inc. grew its position in Angel Oak High Yield Opportunities ETF by 136.5% in the fourth quarter. Flagstar Advisors Inc. now owns 56,393 shares of the company’s stock valued at $625,000 after purchasing an additional 32,548 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Angel Oak High Yield Opportunities ETF by 52.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 80,816 shares of the company’s stock valued at $890,000 after buying an additional 27,775 shares during the last quarter. Finally, Merit Financial Group LLC acquired a new stake in Angel Oak High Yield Opportunities ETF in the 4th quarter valued at $4,138,000.

Angel Oak High Yield Opportunities ETF Price Performance

Angel Oak High Yield Opportunities ETF stock opened at $10.94 on Friday. The company has a market cap of $115.20 million and a price-to-earnings ratio of 2.28. The firm has a 50-day moving average of $10.97 and a 200-day moving average of $11.06. Angel Oak High Yield Opportunities ETF has a one year low of $10.52 and a one year high of $11.47.

Angel Oak High Yield Opportunities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were given a dividend of $0.0678 per share. The ex-dividend date of this dividend was Monday, March 31st. This is a boost from Angel Oak High Yield Opportunities ETF’s previous dividend of $0.06.

Angel Oak High Yield Opportunities ETF 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.