Angel Oak UltraShort Income ETF (NASDAQ:UYLD) Stake Boosted by LPL Financial LLC

LPL Financial LLC grew its stake in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 16.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,415 shares of the company’s stock after purchasing an additional 11,329 shares during the quarter. LPL Financial LLC owned approximately 0.48% of Angel Oak UltraShort Income ETF worth $4,108,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Lewis Asset Management LLC grew its holdings in shares of Angel Oak UltraShort Income ETF by 3.6% during the first quarter. Lewis Asset Management LLC now owns 45,151 shares of the company’s stock valued at $2,307,000 after purchasing an additional 1,571 shares during the last quarter. Kestra Private Wealth Services LLC grew its holdings in Angel Oak UltraShort Income ETF by 4.4% in the 1st quarter. Kestra Private Wealth Services LLC now owns 166,259 shares of the company’s stock worth $8,494,000 after buying an additional 6,998 shares in the last quarter. IFC Advisors LLC grew its holdings in Angel Oak UltraShort Income ETF by 163.6% in the 1st quarter. IFC Advisors LLC now owns 148,966 shares of the company’s stock worth $7,611,000 after buying an additional 92,463 shares in the last quarter. Country Club Bank grew its holdings in Angel Oak UltraShort Income ETF by 190.9% in the 1st quarter. Country Club Bank now owns 155,189 shares of the company’s stock worth $7,966,000 after buying an additional 101,845 shares in the last quarter. Finally, TradeWell Securities LLC. grew its holdings in Angel Oak UltraShort Income ETF by 20.6% in the 1st quarter. TradeWell Securities LLC. now owns 22,938 shares of the company’s stock worth $1,172,000 after buying an additional 3,915 shares in the last quarter.

Angel Oak UltraShort Income ETF Price Performance

Shares of UYLD stock opened at $51.21 on Friday. Angel Oak UltraShort Income ETF has a 12-month low of $50.74 and a 12-month high of $51.44. The business has a 50 day simple moving average of $51.16 and a 200 day simple moving average of $51.16.

Angel Oak UltraShort Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 1st. Investors of record on Thursday, July 31st were issued a $0.2328 dividend. This is a positive change from Angel Oak UltraShort Income ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Thursday, July 31st.

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.