Commonwealth Equity Services LLC Has $2.27 Million Holdings in Angel Oak UltraShort Income ETF (NASDAQ:UYLD)

Commonwealth Equity Services LLC lifted its position in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 34.6% during the 4th quarter, HoldingsChannel reports. The fund owned 44,504 shares of the company’s stock after purchasing an additional 11,450 shares during the period. Commonwealth Equity Services LLC’s holdings in Angel Oak UltraShort Income ETF were worth $2,273,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jane Street Group LLC increased its position in Angel Oak UltraShort Income ETF by 452.3% in the 3rd quarter. Jane Street Group LLC now owns 36,466 shares of the company’s stock valued at $1,866,000 after acquiring an additional 29,863 shares during the period. Kestra Private Wealth Services LLC increased its holdings in Angel Oak UltraShort Income ETF by 2.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 159,261 shares of the company’s stock valued at $8,133,000 after purchasing an additional 4,369 shares during the period. RFG Advisory LLC bought a new position in Angel Oak UltraShort Income ETF during the 4th quarter worth $385,000. Concurrent Investment Advisors LLC raised its position in Angel Oak UltraShort Income ETF by 49.1% during the 4th quarter. Concurrent Investment Advisors LLC now owns 15,026 shares of the company’s stock worth $767,000 after purchasing an additional 4,950 shares during the last quarter. Finally, Wealthspire Advisors LLC acquired a new position in Angel Oak UltraShort Income ETF during the 4th quarter worth about $1,023,000.

Angel Oak UltraShort Income ETF Price Performance

Shares of UYLD stock opened at $51.30 on Friday. Angel Oak UltraShort Income ETF has a 1-year low of $50.75 and a 1-year high of $51.44. The stock has a 50-day moving average of $51.22 and a 200-day moving average of $51.20.

Angel Oak UltraShort Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 28th were given a dividend of $0.1968 per share. The ex-dividend date of this dividend was Friday, February 28th.

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.