Angel Oak UltraShort Income ETF $UYLD Position Increased by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC increased its position in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 12.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 348,678 shares of the company’s stock after acquiring an additional 37,755 shares during the period. Angel Oak UltraShort Income ETF comprises approximately 1.7% of Crescent Grove Advisors LLC’s portfolio, making the stock its 17th biggest holding. Crescent Grove Advisors LLC owned about 1.36% of Angel Oak UltraShort Income ETF worth $17,916,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Angel Oak UltraShort Income ETF during the fourth quarter worth $27,000. MAI Capital Management purchased a new stake in shares of Angel Oak UltraShort Income ETF during the third quarter worth $28,000. JPMorgan Chase & Co. raised its holdings in shares of Angel Oak UltraShort Income ETF by 46,300.0% during the third quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock worth $71,000 after acquiring an additional 1,389 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in shares of Angel Oak UltraShort Income ETF during the third quarter worth $230,000. Finally, Foundations Investment Advisors LLC purchased a new stake in shares of Angel Oak UltraShort Income ETF during the third quarter worth $245,000.

Angel Oak UltraShort Income ETF Stock Performance

Shares of NASDAQ:UYLD opened at $51.04 on Thursday. Angel Oak UltraShort Income ETF has a 1 year low of $50.96 and a 1 year high of $51.46. The business has a fifty day simple moving average of $51.13 and a 200 day simple moving average of $51.19.

Angel Oak UltraShort Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 29th were issued a dividend of $0.1806 per share. The ex-dividend date was Friday, May 29th.

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.