Congress Wealth Management LLC DE Boosts Position in Angel Oak UltraShort Income ETF (NASDAQ:UYLD)

Congress Wealth Management LLC DE grew its holdings in shares of Angel Oak UltraShort Income ETF (NASDAQ:UYLD) by 43.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 368,385 shares of the company’s stock after acquiring an additional 111,095 shares during the quarter. Congress Wealth Management LLC DE’s holdings in Angel Oak UltraShort Income ETF were worth $18,812,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in UYLD. Raymond James Financial Inc. bought a new stake in shares of Angel Oak UltraShort Income ETF during the fourth quarter valued at approximately $232,000. RFG Advisory LLC bought a new stake in shares of Angel Oak UltraShort Income ETF during the fourth quarter valued at approximately $385,000. Concurrent Investment Advisors LLC boosted its position in shares of 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 valued at $767,000 after purchasing an additional 4,950 shares in the last quarter. 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 purchasing an additional 2,416 shares in the last quarter. Finally, Sentinel Pension Advisors Inc. boosted its holdings in Angel Oak UltraShort Income ETF by 30.2% in the fourth quarter. Sentinel Pension Advisors Inc. now owns 19,119 shares of the company’s stock worth $976,000 after acquiring an additional 4,435 shares in the last quarter.

Angel Oak UltraShort Income ETF Price Performance

Angel Oak UltraShort Income ETF stock opened at $51.28 on Monday. The business’s fifty day simple moving average is $51.20 and its two-hundred day simple moving average is $51.20. Angel Oak UltraShort Income ETF has a 12 month low of $50.75 and a 12 month high of $51.44.

Angel Oak UltraShort Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 28th were issued a dividend of $0.1968 per share. The ex-dividend date 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.