Lewis Asset Management LLC Acquires 465 Shares of Angel Oak UltraShort Income ETF (NYSEARCA:UYLD)

Lewis Asset Management LLC lifted its stake in Angel Oak UltraShort Income ETF (NYSEARCA:UYLD) by 1.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 44,551 shares of the company’s stock after purchasing an additional 465 shares during the quarter. Angel Oak UltraShort Income ETF accounts for approximately 1.7% of Lewis Asset Management LLC’s investment portfolio, making the stock its 11th largest holding. Lewis Asset Management LLC’s holdings in Angel Oak UltraShort Income ETF were worth $2,280,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in UYLD. Farther Finance Advisors LLC bought a new position in shares of Angel Oak UltraShort Income ETF in the 3rd quarter valued at $72,000. NorthCrest Asset Manangement LLC acquired a new stake in Angel Oak UltraShort Income ETF in the second quarter valued at about $220,000. Worth Asset Management LLC bought a new position in Angel Oak UltraShort Income ETF in the third quarter valued at about $624,000. Commonwealth Equity Services LLC raised its stake in Angel Oak UltraShort Income ETF by 40.6% during the second quarter. Commonwealth Equity Services LLC now owns 21,915 shares of the company’s stock worth $1,115,000 after acquiring an additional 6,324 shares in the last quarter. Finally, Crescent Grove Advisors LLC lifted its holdings in shares of Angel Oak UltraShort Income ETF by 267.9% in the second quarter. Crescent Grove Advisors LLC now owns 23,657 shares of the company’s stock worth $1,209,000 after acquiring an additional 17,226 shares during the last quarter.

Angel Oak UltraShort Income ETF Stock Performance

Shares of Angel Oak UltraShort Income ETF stock opened at $51.08 on Friday. The company’s 50 day moving average price is $51.23 and its two-hundred day moving average price is $51.11. Angel Oak UltraShort Income ETF has a fifty-two week low of $50.43 and a fifty-two week high of $51.44.

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.