NewEdge Wealth LLC Trims Holdings in Angel Oak High Yield Opportunities ETF $AOHY

NewEdge Wealth LLC trimmed its position in Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) by 49.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 346,158 shares of the company’s stock after selling 340,022 shares during the period. NewEdge Wealth LLC’s holdings in Angel Oak High Yield Opportunities ETF were worth $3,842,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AOHY. Arkadios Wealth Advisors lifted its holdings in Angel Oak High Yield Opportunities ETF by 38.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 2,973,660 shares of the company’s stock valued at $33,305,000 after purchasing an additional 827,302 shares in the last quarter. UBS Group AG lifted its holdings in Angel Oak High Yield Opportunities ETF by 24.9% in the 4th quarter. UBS Group AG now owns 423,291 shares of the company’s stock valued at $4,699,000 after purchasing an additional 84,347 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Angel Oak High Yield Opportunities ETF by 17.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 312,145 shares of the company’s stock valued at $3,496,000 after purchasing an additional 46,971 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Angel Oak High Yield Opportunities ETF by 793.1% in the 3rd quarter. Raymond James Financial Inc. now owns 49,900 shares of the company’s stock valued at $559,000 after purchasing an additional 44,313 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in Angel Oak High Yield Opportunities ETF by 79.7% in the 1st quarter. Jane Street Group LLC now owns 85,907 shares of the company’s stock valued at $942,000 after purchasing an additional 38,090 shares in the last quarter.

Angel Oak High Yield Opportunities ETF Trading Down 0.2%

NASDAQ:AOHY opened at $11.06 on Tuesday. The firm has a market cap of $120.66 million, a price-to-earnings ratio of 2.33 and a beta of 0.19. The company’s 50-day moving average is $11.04 and its two-hundred day moving average is $11.11. Angel Oak High Yield Opportunities ETF has a 12-month low of $10.86 and a 12-month high of $11.29.

Angel Oak High Yield Opportunities ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, May 1st. Stockholders of record on Thursday, April 30th were issued a dividend of $0.0621 per share. The ex-dividend date was Thursday, April 30th.

About Angel Oak High Yield Opportunities ETF

The Angel Oak High Yield Opportunities ETF (AOHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to high-yield fixed-income securities, globally. The fund seeks a high level of current income, and to a lesser extent, capital appreciation. AOHY was launched on Feb 20, 2024 and is issued by Angel Oak.