Envestnet Asset Management Inc. Raises Holdings in Angel Oak High Yield Opportunities ETF $AOHY

Envestnet Asset Management Inc. boosted its position in Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) by 17.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 312,145 shares of the company’s stock after acquiring an additional 46,971 shares during the quarter. Envestnet Asset Management Inc. owned 2.70% of Angel Oak High Yield Opportunities ETF worth $3,496,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in AOHY. Arkadios Wealth Advisors raised its holdings in shares of Angel Oak High Yield Opportunities ETF by 38.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 2,973,660 shares of the company’s stock worth $33,305,000 after purchasing an additional 827,302 shares during the period. WBI Investments LLC increased its position in Angel Oak High Yield Opportunities ETF by 126.7% during the 2nd quarter. WBI Investments LLC now owns 187,233 shares of the company’s stock worth $2,085,000 after purchasing an additional 104,638 shares in the last quarter. Jane Street Group LLC raised its holdings in Angel Oak High Yield Opportunities ETF by 79.7% in the first quarter. Jane Street Group LLC now owns 85,907 shares of the company’s stock valued at $942,000 after buying an additional 38,090 shares during the period. Fifth Third Securities Inc. raised its holdings in Angel Oak High Yield Opportunities ETF by 116.4% in the third quarter. Fifth Third Securities Inc. now owns 54,112 shares of the company’s stock valued at $606,000 after buying an additional 29,104 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in Angel Oak High Yield Opportunities ETF during the third quarter valued at approximately $164,000.

Angel Oak High Yield Opportunities ETF Stock Down 0.1%

AOHY opened at $11.17 on Wednesday. Angel Oak High Yield Opportunities ETF has a 52-week low of $10.52 and a 52-week high of $11.29. The company has a 50 day moving average of $11.16 and a two-hundred day moving average of $11.16. The company has a market cap of $123.21 million, a P/E ratio of 2.33 and a beta of 0.22.

Angel Oak High Yield Opportunities ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were issued a $0.0504 dividend. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date was Friday, January 30th.

About Angel Oak High Yield Opportunities ETF

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. AOHY was launched on Feb 20, 2024 and is issued by Angel Oak.