Angel Oak UltraShort Income ETF (NASDAQ:UYLD) Plans Monthly Dividend of $0.16

Angel Oak UltraShort Income ETF (NASDAQ:UYLD) declared a monthly dividend on Thursday, February 26th. Shareholders of record on Friday, February 27th will be given a dividend of 0.159 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Friday, February 27th.

Angel Oak UltraShort Income ETF Price Performance

Angel Oak UltraShort Income ETF stock traded down $0.14 during midday trading on Friday, hitting $51.20. The company’s stock had a trading volume of 53,537 shares, compared to its average volume of 179,026. Angel Oak UltraShort Income ETF has a 1-year low of $50.74 and a 1-year high of $51.46. The company has a 50-day moving average price of $51.25 and a two-hundred day moving average price of $51.24.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Islay Capital Management LLC boosted its holdings in shares of Angel Oak UltraShort Income ETF by 23.4% during the 2nd quarter. Islay Capital Management LLC now owns 77,889 shares of the company’s stock valued at $3,978,000 after acquiring an additional 14,752 shares in the last quarter. Country Club Bank increased its holdings in Angel Oak UltraShort Income ETF by 34.2% in the 3rd quarter. Country Club Bank now owns 229,703 shares of the company’s stock worth $11,796,000 after purchasing an additional 58,561 shares in the last quarter. Precision Wealth Strategies LLC increased its stake in shares of Angel Oak UltraShort Income ETF by 61.9% in the third quarter. Precision Wealth Strategies LLC now owns 102,900 shares of the company’s stock valued at $5,263,000 after buying an additional 39,330 shares during the period. Midland Wealth Advisors LLC raised its holdings in Angel Oak UltraShort Income ETF by 10.6% in the 2nd quarter. Midland Wealth Advisors LLC now owns 155,244 shares of the company’s stock valued at $7,928,000 after buying an additional 14,838 shares during the last quarter. Finally, CW Advisors LLC raised its holdings in Angel Oak UltraShort Income ETF by 10.4% in the 2nd quarter. CW Advisors LLC now owns 439,652 shares of the company’s stock valued at $22,453,000 after buying an additional 41,358 shares during 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.