Angel Oak UltraShort Income ETF (NASDAQ:UYLD) to Issue $0.18 Dividend

Angel Oak UltraShort Income ETF (NASDAQ:UYLD) announced a dividend on Wednesday, April 29th, NASDAQ Dividends reports. Investors of record on Thursday, April 30th will be paid a dividend of 0.1826 per share on Friday, May 1st. The ex-dividend date of this dividend is Thursday, April 30th.

Angel Oak UltraShort Income ETF Price Performance

UYLD stock traded down $0.16 during midday trading on Thursday, reaching $51.04. The stock had a trading volume of 208,873 shares, compared to its average volume of 192,464. Angel Oak UltraShort Income ETF has a twelve month low of $50.96 and a twelve month high of $51.46. The business has a fifty day simple moving average of $51.18 and a two-hundred day simple moving average of $51.21.

Institutional Investors Weigh In On Angel Oak UltraShort Income ETF

Several institutional investors have recently bought and sold shares of UYLD. Wealth Enhancement Advisory Services LLC raised its stake in shares of Angel Oak UltraShort Income ETF by 11.6% during the 4th 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 in the last quarter. Focus Partners Wealth grew its holdings in Angel Oak UltraShort Income ETF by 4.9% in the 3rd quarter. Focus Partners Wealth now owns 1,130,839 shares of the company’s stock valued at $57,837,000 after buying an additional 53,130 shares in the last quarter. Osaic Holdings Inc. grew its holdings in Angel Oak UltraShort Income ETF by 61.6% in the 4th quarter. Osaic Holdings Inc. now owns 804,220 shares of the company’s stock valued at $41,131,000 after buying an additional 306,470 shares in the last quarter. UBS Group AG grew its holdings in Angel Oak UltraShort Income ETF by 11.6% in the 4th quarter. UBS Group AG now owns 803,675 shares of the company’s stock valued at $41,104,000 after buying an additional 83,669 shares in the last quarter. Finally, Richard P Slaughter Associates Inc grew its holdings in shares of Angel Oak UltraShort Income ETF by 2.8% during the 4th 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 in the last quarter.

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.