Sage Mountain Advisors LLC Invests $1.14 Million in Angel Oak UltraShort Income ETF (NYSEARCA:UYLD)

Sage Mountain Advisors LLC acquired a new position in shares of Angel Oak UltraShort Income ETF (NYSEARCA:UYLD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 22,600 shares of the company’s stock, valued at approximately $1,143,000. Sage Mountain Advisors LLC owned about 1.28% of Angel Oak UltraShort Income ETF at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in UYLD. IFP Advisors Inc raised its position in shares of Angel Oak UltraShort Income ETF by 11,000.0% during the third quarter. IFP Advisors Inc now owns 1,332 shares of the company’s stock worth $67,000 after acquiring an additional 1,320 shares during the last quarter. Sentinel Pension Advisors Inc. boosted its holdings in shares of Angel Oak UltraShort Income ETF by 19.4% during the 3rd quarter. Sentinel Pension Advisors Inc. now owns 24,183 shares of the company’s stock worth $1,225,000 after buying an additional 3,925 shares in the last quarter. Congress Wealth Management LLC DE boosted its holdings in shares of Angel Oak UltraShort Income ETF by 24.8% during the 3rd quarter. Congress Wealth Management LLC DE now owns 46,227 shares of the company’s stock worth $2,342,000 after buying an additional 9,172 shares in the last quarter. Camarda Financial Advisors LLC bought a new position in shares of Angel Oak UltraShort Income ETF during the 3rd quarter worth approximately $1,849,000. Finally, Mechanics Bank Trust Department acquired a new position in shares of Angel Oak UltraShort Income ETF during the 4th quarter valued at $883,000.

Angel Oak UltraShort Income ETF Price Performance

NYSEARCA UYLD remained flat at $50.98 on Monday. 4,117 shares of the company traded hands, compared to its average volume of 91,495. Angel Oak UltraShort Income ETF has a fifty-two week low of $50.24 and a fifty-two week high of $51.10. The stock’s 50 day moving average is $50.90 and its two-hundred day moving average is $50.73.

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.