54,705 Shares in Angel Oak UltraShort Income ETF (NYSEARCA:UYLD) Acquired by Precision Wealth Strategies LLC

Precision Wealth Strategies LLC purchased a new stake in Angel Oak UltraShort Income ETF (NYSEARCA:UYLD) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,705 shares of the company’s stock, valued at approximately $2,783,000. Angel Oak UltraShort Income ETF makes up approximately 2.6% of Precision Wealth Strategies LLC’s holdings, making the stock its 8th largest position.

A number of other institutional investors and hedge funds also recently modified their holdings of UYLD. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Angel Oak UltraShort Income ETF during the first quarter valued at approximately $242,822,000. Requisite Capital Management LLC raised its holdings in shares of Angel Oak UltraShort Income ETF by 186.7% during the fourth quarter. Requisite Capital Management LLC now owns 128,970 shares of the company’s stock valued at $6,565,000 after acquiring an additional 83,993 shares during the period. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Angel Oak UltraShort Income ETF during the fourth quarter valued at approximately $3,039,000. Sage Mountain Advisors LLC raised its holdings in shares of Angel Oak UltraShort Income ETF by 220.6% during the first quarter. Sage Mountain Advisors LLC now owns 72,451 shares of the company’s stock valued at $3,686,000 after acquiring an additional 49,851 shares during the period. Finally, Mechanics Bank Trust Department raised its holdings in shares of Angel Oak UltraShort Income ETF by 243.6% during the first quarter. Mechanics Bank Trust Department now owns 59,950 shares of the company’s stock valued at $3,050,000 after acquiring an additional 42,500 shares during the period.

Angel Oak UltraShort Income ETF Price Performance

Shares of UYLD traded up $0.05 during trading hours on Friday, reaching $51.00. The company’s stock had a trading volume of 37,044 shares, compared to its average volume of 70,000. The company has a 50 day moving average of $50.97 and a two-hundred day moving average of $50.88. Angel Oak UltraShort Income ETF has a 1-year low of $50.26 and a 1-year high of $51.13.

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 managed by Angel Oak.