RFG Advisory LLC Sells 4,816 Shares of Angel Oak UltraShort Income ETF $UYLD

RFG Advisory LLC lowered its holdings in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 33.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,457 shares of the company’s stock after selling 4,816 shares during the period. RFG Advisory LLC’s holdings in Angel Oak UltraShort Income ETF were worth $483,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of UYLD. Janney Montgomery Scott LLC boosted its stake in Angel Oak UltraShort Income ETF by 13.0% during the first quarter. Janney Montgomery Scott LLC now owns 195,604 shares of the company’s stock worth $9,993,000 after acquiring an additional 22,495 shares in the last quarter. Riverwater Partners LLC boosted its stake in Angel Oak UltraShort Income ETF by 6.9% during the first quarter. Riverwater Partners LLC now owns 4,928 shares of the company’s stock worth $252,000 after acquiring an additional 319 shares in the last quarter. XY Planning Network Inc. bought a new stake in Angel Oak UltraShort Income ETF during the first quarter worth about $1,382,000. Cambridge Investment Research Advisors Inc. purchased a new position in Angel Oak UltraShort Income ETF in the first quarter worth about $792,000. Finally, Diversified Portfolios Inc. purchased a new position in Angel Oak UltraShort Income ETF in the first quarter worth about $746,000.

Angel Oak UltraShort Income ETF Stock Up 0.0%

Shares of Angel Oak UltraShort Income ETF stock opened at $51.27 on Friday. Angel Oak UltraShort Income ETF has a 52-week low of $50.74 and a 52-week high of $51.46. The company has a 50-day simple moving average of $51.25 and a two-hundred day simple moving average of $51.17.

Angel Oak UltraShort Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were issued a $0.2245 dividend. This represents a c) annualized dividend and a yield of 5.3%. This is a boost from Angel Oak UltraShort Income ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, September 30th.

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.