Lewis Asset Management LLC Purchases Shares of 41,673 Angel Oak UltraShort Income ETF (NYSEARCA:UYLD)

Lewis Asset Management LLC purchased a new stake in Angel Oak UltraShort Income ETF (NYSEARCA:UYLD) during the 4th quarter, Holdings Channel reports. The fund purchased 41,673 shares of the company’s stock, valued at approximately $2,108,000. Angel Oak UltraShort Income ETF accounts for approximately 1.9% of Lewis Asset Management LLC’s investment portfolio, making the stock its 12th biggest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. purchased a new position in shares of Angel Oak UltraShort Income ETF during the first quarter valued at approximately $33,000. UBS Group AG purchased a new position in shares of Angel Oak UltraShort Income ETF during the first quarter valued at approximately $35,000. IFP Advisors Inc lifted its stake 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 valued at $67,000 after buying an additional 1,320 shares during the period. Rockefeller Capital Management L.P. purchased a new position in shares of Angel Oak UltraShort Income ETF during the fourth quarter valued at approximately $145,000. Finally, Stifel Financial Corp purchased a new position in shares of Angel Oak UltraShort Income ETF during the second quarter valued at approximately $317,000.

Angel Oak UltraShort Income ETF Price Performance

Shares of UYLD opened at $50.89 on Friday. The company’s 50 day simple moving average is $50.86 and its 200 day simple moving average is $50.69. Angel Oak UltraShort Income ETF has a 1 year low of $50.24 and a 1 year high of $51.10.

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 managed by Angel Oak.