Merit Financial Group LLC Acquires New Shares in Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY)

Merit Financial Group LLC acquired a new position in shares of Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 375,828 shares of the company’s stock, valued at approximately $4,138,000.

A number of other institutional investors also recently bought and sold shares of AOHY. Flagstar Advisors Inc. raised its stake in shares of Angel Oak High Yield Opportunities ETF by 36.4% during the 3rd quarter. Flagstar Advisors Inc. now owns 23,845 shares of the company’s stock worth $268,000 after buying an additional 6,365 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in Angel Oak High Yield Opportunities ETF by 159.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 45,065 shares of the company’s stock valued at $491,000 after acquiring an additional 27,694 shares in the last quarter. MML Investors Services LLC raised 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 worth $2,146,000 after acquiring an additional 78,829 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Angel Oak High Yield Opportunities ETF by 6.6% in the second quarter. Envestnet Asset Management Inc. now owns 194,440 shares of the company’s stock valued at $2,117,000 after purchasing an additional 12,063 shares in the last quarter. Finally, Arkadios Wealth Advisors grew its position in shares of Angel Oak High Yield Opportunities ETF by 58.0% in the third quarter. Arkadios Wealth Advisors now owns 1,459,452 shares of the company’s stock valued at $16,302,000 after purchasing an additional 535,877 shares during the last quarter.

Angel Oak High Yield Opportunities ETF Price Performance

Shares of AOHY opened at $11.07 on Friday. Angel Oak High Yield Opportunities ETF has a 1-year low of $10.68 and a 1-year high of $11.47. The firm has a 50 day simple moving average of $11.09 and a 200-day simple moving average of $11.10.

Angel Oak High Yield Opportunities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Tuesday, December 31st were issued a $0.0727 dividend. This is a boost from Angel Oak High Yield Opportunities ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Tuesday, December 31st.