NorthCrest Asset Manangement LLC Has $4.62 Million Stake in Angel Oak UltraShort Income ETF $UYLD

NorthCrest Asset Manangement LLC raised its stake in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 38.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,318 shares of the company’s stock after buying an additional 24,887 shares during the period. NorthCrest Asset Manangement LLC owned 0.38% of Angel Oak UltraShort Income ETF worth $4,620,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in shares of Angel Oak UltraShort Income ETF by 46,300.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock valued at $71,000 after acquiring an additional 1,389 shares during the last quarter. Tcfg Wealth Management LLC raised its stake in shares of Angel Oak UltraShort Income ETF by 2.0% in the 3rd quarter. Tcfg Wealth Management LLC now owns 107,756 shares of the company’s stock valued at $5,511,000 after acquiring an additional 2,081 shares in the last quarter. Copley Financial Group Inc. acquired a new stake in Angel Oak UltraShort Income ETF in the 3rd quarter worth approximately $1,858,000. NewEdge Advisors LLC boosted its position in Angel Oak UltraShort Income ETF by 31.7% during the third quarter. NewEdge Advisors LLC now owns 11,815 shares of the company’s stock worth $604,000 after purchasing an additional 2,843 shares during the period. Finally, Flow Traders U.S. LLC boosted its position in Angel Oak UltraShort Income ETF by 39.6% during the third quarter. Flow Traders U.S. LLC now owns 27,360 shares of the company’s stock worth $1,399,000 after purchasing an additional 7,764 shares during the period.

Angel Oak UltraShort Income ETF Trading Down 0.0%

Shares of UYLD stock opened at $51.18 on Monday. Angel Oak UltraShort Income ETF has a 12 month low of $50.74 and a 12 month high of $51.46. The business’s 50 day moving average is $51.24 and its two-hundred day moving average is $51.24.

Angel Oak UltraShort Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were issued a dividend of $0.159 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Friday, February 27th.

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.