NewEdge Wealth LLC Invests $8.30 Million in Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY)

NewEdge Wealth LLC acquired a new position in Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 753,455 shares of the company’s stock, valued at approximately $8,296,000. NewEdge Wealth LLC owned 7.31% of Angel Oak High Yield Opportunities ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in AOHY. IFP Advisors Inc acquired a new stake in Angel Oak High Yield Opportunities ETF during the fourth quarter valued at $50,000. Flagstar Advisors Inc. grew its position in Angel Oak High Yield Opportunities ETF by 36.4% during the third quarter. Flagstar Advisors Inc. now owns 23,845 shares of the company’s stock valued at $268,000 after buying an additional 6,365 shares during the period. MML Investors Services LLC grew its position in Angel Oak High Yield Opportunities ETF by 69.6% during the third quarter. MML Investors Services LLC now owns 192,102 shares of the company’s stock valued at $2,146,000 after buying an additional 78,829 shares during the period. Merit Financial Group LLC acquired a new stake in Angel Oak High Yield Opportunities ETF during the fourth quarter valued at $4,138,000. Finally, Arkadios Wealth Advisors grew its position in Angel Oak High Yield Opportunities ETF by 26.0% during the fourth quarter. Arkadios Wealth Advisors now owns 1,838,653 shares of the company’s stock valued at $20,244,000 after buying an additional 379,201 shares during the period.

Angel Oak High Yield Opportunities ETF Stock Performance

AOHY stock opened at $11.17 on Friday. The firm’s fifty day moving average is $11.09 and its 200 day moving average is $11.12. Angel Oak High Yield Opportunities ETF has a one year low of $10.68 and a one year high of $11.47.

Angel Oak High Yield Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were given a $0.0476 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $0.57 annualized dividend and a dividend yield of 5.11%.