IFC Advisors LLC Has $14.27 Million Stock Holdings in Angel Oak UltraShort Income ETF $UYLD

IFC Advisors LLC lifted its stake in Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 90.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 278,980 shares of the company’s stock after acquiring an additional 132,801 shares during the quarter. Angel Oak UltraShort Income ETF makes up approximately 2.6% of IFC Advisors LLC’s investment portfolio, making the stock its 8th largest position. IFC Advisors LLC owned approximately 1.24% of Angel Oak UltraShort Income ETF worth $14,268,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in UYLD. NewEdge Advisors LLC lifted its stake in shares of Angel Oak UltraShort Income ETF by 4.6% during the 1st quarter. NewEdge Advisors LLC now owns 8,936 shares of the company’s stock worth $457,000 after buying an additional 392 shares during the last quarter. TradeWell Securities LLC. lifted its holdings in shares of Angel Oak UltraShort Income ETF by 1.8% during the 2nd quarter. TradeWell Securities LLC. now owns 23,349 shares of the company’s stock worth $1,192,000 after acquiring an additional 411 shares during the period. Snowden Capital Advisors LLC lifted its stake in Angel Oak UltraShort Income ETF by 7.3% during the second quarter. Snowden Capital Advisors LLC now owns 8,222 shares of the company’s stock worth $420,000 after purchasing an additional 560 shares during the last quarter. Osaic Holdings Inc. boosted its stake in Angel Oak UltraShort Income ETF by 4.9% in the second quarter. Osaic Holdings Inc. now owns 16,396 shares of the company’s stock valued at $837,000 after buying an additional 761 shares in the last quarter. Finally, Riverwater Partners LLC grew its holdings in shares of Angel Oak UltraShort Income ETF by 22.5% during the 2nd quarter. Riverwater Partners LLC now owns 6,037 shares of the company’s stock valued at $308,000 after purchasing an additional 1,109 shares during the last quarter.

Angel Oak UltraShort Income ETF Stock Performance

Angel Oak UltraShort Income ETF stock opened at $51.30 on Friday. The stock has a 50-day moving average price of $51.23 and a two-hundred day moving average price of $51.23. Angel Oak UltraShort Income ETF has a 12 month low of $50.74 and a 12 month high of $51.46.

Angel Oak UltraShort Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Friday, January 30th will be paid a $0.1689 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, January 30th.

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.