Merit Financial Group LLC Purchases New Position 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) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 375,828 shares of the company’s stock, valued at approximately $4,138,000. Merit Financial Group LLC owned about 3.71% of Angel Oak High Yield Opportunities ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Arkadios Wealth Advisors grew its stake in Angel Oak High Yield Opportunities ETF by 58.0% during the 3rd quarter. Arkadios Wealth Advisors now owns 1,459,452 shares of the company’s stock worth $16,302,000 after buying an additional 535,877 shares during the last quarter. Envestnet Asset Management Inc. boosted 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 acquiring an additional 12,063 shares during the period. MML Investors Services LLC grew its position in shares of 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. Commonwealth Equity Services LLC increased its holdings in shares of Angel Oak High Yield Opportunities ETF by 159.4% in 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 during the period. Finally, Flagstar Advisors Inc. grew its position in 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 purchasing an additional 6,365 shares during the last quarter.

Angel Oak High Yield Opportunities ETF Stock Performance

Shares of AOHY opened at $11.07 on Friday. Angel Oak High Yield Opportunities ETF has a fifty-two week low of $10.68 and a fifty-two week 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. Investors of record on Tuesday, December 31st were issued a dividend of $0.0727 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This is an increase from Angel Oak High Yield Opportunities ETF’s previous dividend of $0.06.