Angel Oak UltraShort Income ETF $UYLD Stock Position Boosted by Steel Grove Capital Advisors LLC

Steel Grove Capital Advisors LLC boosted its holdings in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 68.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 273,318 shares of the company’s stock after purchasing an additional 111,348 shares during the quarter. Angel Oak UltraShort Income ETF makes up approximately 1.5% of Steel Grove Capital Advisors LLC’s holdings, making the stock its 10th largest position. Steel Grove Capital Advisors LLC’s holdings in Angel Oak UltraShort Income ETF were worth $13,979,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Angel Oak UltraShort Income ETF by 11.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,912,606 shares of the company’s stock worth $558,344,000 after purchasing an additional 1,133,106 shares during the last quarter. Focus Partners Wealth grew its holdings in shares of Angel Oak UltraShort Income ETF by 4.9% during the third quarter. Focus Partners Wealth now owns 1,130,839 shares of the company’s stock worth $57,837,000 after purchasing an additional 53,130 shares during the last quarter. UBS Group AG grew its holdings in shares of Angel Oak UltraShort Income ETF by 11.6% during the fourth quarter. UBS Group AG now owns 803,675 shares of the company’s stock worth $41,104,000 after purchasing an additional 83,669 shares during the last quarter. Richard P Slaughter Associates Inc grew its holdings in shares of Angel Oak UltraShort Income ETF by 2.8% during the fourth quarter. Richard P Slaughter Associates Inc now owns 667,844 shares of the company’s stock worth $34,157,000 after purchasing an additional 17,887 shares during the last quarter. Finally, Citadel Advisors LLC grew its holdings in shares of Angel Oak UltraShort Income ETF by 1,273.9% during the third quarter. Citadel Advisors LLC now owns 300,188 shares of the company’s stock worth $15,353,000 after purchasing an additional 278,338 shares during the last quarter.

Angel Oak UltraShort Income ETF Stock Up 0.1%

Shares of UYLD stock opened at $51.18 on Wednesday. The stock’s 50-day moving average is $51.14 and its two-hundred day moving average is $51.20. Angel Oak UltraShort Income ETF has a 1 year low of $50.96 and a 1 year high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 1st. Shareholders of record on Thursday, April 30th were issued a dividend of $0.1826 per share. The ex-dividend date of this dividend was Thursday, April 30th.

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.