Partners Wealth Management LLC Makes New Investment in Angel Oak UltraShort Income ETF $UYLD

Partners Wealth Management LLC acquired a new position in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,140 shares of the company’s stock, valued at approximately $517,000.

Several other large investors also recently made changes to their positions in UYLD. Gradient Investments LLC increased its stake in shares of Angel Oak UltraShort Income ETF by 2.0% in the third quarter. Gradient Investments LLC now owns 1,036,433 shares of the company’s stock valued at $52,579,000 after buying an additional 20,086 shares in the last quarter. IFC Advisors LLC raised its holdings in shares of Angel Oak UltraShort Income ETF by 39.4% in the first quarter. IFC Advisors LLC now owns 313,913 shares of the company’s stock valued at $16,021,000 after buying an additional 88,758 shares during the last quarter. Mason & Associates Inc lifted its position in Angel Oak UltraShort Income ETF by 455.7% during the 2nd quarter. Mason & Associates Inc now owns 268,513 shares of the company’s stock worth $13,696,000 after buying an additional 220,191 shares in the last quarter. Steel Grove Capital Advisors LLC lifted its position in Angel Oak UltraShort Income ETF by 21.9% during the 3rd quarter. Steel Grove Capital Advisors LLC now owns 253,126 shares of the company’s stock worth $12,841,000 after buying an additional 45,529 shares in the last quarter. Finally, Islay Capital Management LLC lifted its position in Angel Oak UltraShort Income ETF by 14.7% during the 3rd quarter. Islay Capital Management LLC now owns 250,538 shares of the company’s stock worth $12,710,000 after buying an additional 32,048 shares in the last quarter.

Angel Oak UltraShort Income ETF Price Performance

Shares of NASDAQ:UYLD opened at $50.85 on Friday. Angel Oak UltraShort Income ETF has a 12 month low of $50.69 and a 12 month high of $51.40. The company’s 50-day moving average price is $50.94 and its two-hundred day moving average price is $51.10.

Angel Oak UltraShort Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Friday, October 30th will be given a dividend of $0.1882 per share. The ex-dividend date is Friday, October 30th. This is a negative change from Angel Oak UltraShort Income ETF’s previous monthly dividend of $0.2304. This represents a $2.26 dividend on an annualized basis and a dividend yield of 4.4%.

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.