Stifel Financial Corp Buys 12,141 Shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD)

Stifel Financial Corp boosted its stake in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 10.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 131,151 shares of the company’s stock after acquiring an additional 12,141 shares during the quarter. Stifel Financial Corp’s holdings in Angel Oak UltraShort Income ETF were worth $6,697,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in UYLD. Raymond James Financial Inc. bought a new stake in Angel Oak UltraShort Income ETF during the fourth quarter worth approximately $232,000. Riverwater Partners LLC bought a new stake in Angel Oak UltraShort Income ETF during the fourth quarter worth approximately $235,000. RFG Advisory LLC bought a new stake in Angel Oak UltraShort Income ETF during the fourth quarter worth approximately $385,000. Concurrent Investment Advisors LLC increased its stake in Angel Oak UltraShort Income ETF by 49.1% during the fourth quarter. Concurrent Investment Advisors LLC now owns 15,026 shares of the company’s stock worth $767,000 after acquiring an additional 4,950 shares during the last quarter. Finally, Secure Asset Management LLC boosted its position in shares of Angel Oak UltraShort Income ETF by 14.5% during the fourth quarter. Secure Asset Management LLC now owns 19,028 shares of the company’s stock valued at $972,000 after buying an additional 2,416 shares during the period.

Angel Oak UltraShort Income ETF Stock Performance

Shares of NASDAQ:UYLD opened at $51.23 on Tuesday. Angel Oak UltraShort Income ETF has a 1 year low of $50.74 and a 1 year high of $51.44. The business has a 50 day simple moving average of $51.19 and a two-hundred day simple moving average of $51.18.

Angel Oak UltraShort Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were given a dividend of $0.2458 per share. The ex-dividend date of this dividend was Monday, March 31st. This is a positive change from Angel Oak UltraShort Income ETF’s previous dividend of $0.20.

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.