Vise Technologies Inc. Invests $5.74 Million in Angel Oak UltraShort Income ETF $UYLD

Vise Technologies Inc. purchased a new position in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 112,322 shares of the company’s stock, valued at approximately $5,736,000.

Other hedge funds have also bought and sold shares of the company. NorthCrest Asset Manangement LLC raised its stake in Angel Oak UltraShort Income ETF by 24.0% in the second quarter. NorthCrest Asset Manangement LLC now owns 55,339 shares of the company’s stock valued at $2,828,000 after purchasing an additional 10,717 shares in the last quarter. Parsons Capital Management Inc. RI increased its holdings in Angel Oak UltraShort Income ETF by 40.5% in the 2nd quarter. Parsons Capital Management Inc. RI now owns 94,027 shares of the company’s stock valued at $4,802,000 after buying an additional 27,090 shares during the period. Steel Grove Capital Advisors LLC increased its holdings in Angel Oak UltraShort Income ETF by 163.0% in the 2nd quarter. Steel Grove Capital Advisors LLC now owns 161,970 shares of the company’s stock valued at $8,272,000 after buying an additional 100,390 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Angel Oak UltraShort Income ETF by 15.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 226,236 shares of the company’s stock valued at $11,554,000 after buying an additional 30,632 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of Angel Oak UltraShort Income ETF during the 2nd quarter worth approximately $414,000.

Angel Oak UltraShort Income ETF Price Performance

Shares of NASDAQ:UYLD opened at $51.18 on Monday. Angel Oak UltraShort Income ETF has a 1 year low of $50.74 and a 1 year high of $51.46. The company’s 50 day simple moving average is $51.25 and its 200 day simple moving average is $51.19.

Angel Oak UltraShort Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 31st were issued a dividend of $0.2133 per share. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 5.0%.

Angel Oak UltraShort Income ETF Company 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.