Farther Finance Advisors LLC Buys New Stake in Angel Oak UltraShort Income ETF (NYSEARCA:UYLD)

Farther Finance Advisors LLC purchased a new position in shares of Angel Oak UltraShort Income ETF (NYSEARCA:UYLD) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,412 shares of the company’s stock, valued at approximately $72,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in Angel Oak UltraShort Income ETF by 24.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,448,518 shares of the company’s stock worth $329,971,000 after purchasing an additional 1,249,742 shares during the period. NorthCrest Asset Manangement LLC raised its position in shares of Angel Oak UltraShort Income ETF by 76.9% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 7,658 shares of the company’s stock worth $392,000 after buying an additional 3,328 shares in the last quarter. Mechanics Bank Trust Department lifted its stake in shares of Angel Oak UltraShort Income ETF by 5.3% in the 3rd quarter. Mechanics Bank Trust Department now owns 60,150 shares of the company’s stock worth $3,078,000 after acquiring an additional 3,050 shares during the period. Requisite Capital Management LLC boosted its holdings in shares of Angel Oak UltraShort Income ETF by 7.7% in the third quarter. Requisite Capital Management LLC now owns 154,575 shares of the company’s stock valued at $7,945,000 after acquiring an additional 11,077 shares in the last quarter. Finally, Worth Asset Management LLC bought a new position in shares of Angel Oak UltraShort Income ETF in the third quarter valued at approximately $624,000.

Angel Oak UltraShort Income ETF Price Performance

Shares of NYSEARCA:UYLD opened at $51.11 on Wednesday. Angel Oak UltraShort Income ETF has a 12 month low of $50.48 and a 12 month high of $51.44. The stock’s 50 day moving average price is $51.23 and its 200 day moving average price is $51.12.

About Angel Oak UltraShort Income ETF

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.