Balefire LLC Makes New $748,000 Investment in Angel Oak UltraShort Income ETF $UYLD

Balefire LLC purchased a new stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 14,652 shares of the company’s stock, valued at approximately $748,000. Balefire LLC owned 0.05% of Angel Oak UltraShort Income ETF as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of UYLD. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Angel Oak UltraShort Income ETF in the fourth quarter valued at $27,000. Royal Bank of Canada grew its stake in Angel Oak UltraShort Income ETF by 76.0% during the 4th quarter. Royal Bank of Canada now owns 901 shares of the company’s stock worth $46,000 after purchasing an additional 389 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in 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 worth $71,000 after purchasing an additional 1,389 shares during the period. Rockefeller Capital Management L.P. increased its holdings in Angel Oak UltraShort Income ETF by 30.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 5,058 shares of the company’s stock worth $259,000 after purchasing an additional 1,176 shares during the period. Finally, Wealthcare Advisory Partners LLC raised its position in Angel Oak UltraShort Income ETF by 18.6% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 5,328 shares of the company’s stock valued at $272,000 after purchasing an additional 837 shares in the last quarter.

Angel Oak UltraShort Income ETF Stock Performance

Shares of UYLD opened at $51.12 on Tuesday. Angel Oak UltraShort Income ETF has a 1 year low of $50.96 and a 1 year high of $51.46. The stock has a 50-day simple moving average of $51.09 and a 200-day simple moving average of $51.16.

Angel Oak UltraShort Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were paid a $0.1998 dividend. This is an increase from Angel Oak UltraShort Income ETF’s previous dividend of $0.18. The ex-dividend date was Tuesday, June 30th.

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.