Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) Insider William Eldredge Acquires 765 Shares of Stock

Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) insider William Eldredge bought 765 shares of Angel Oak Financial Strategies Income Term Trust stock in a transaction on Monday, April 14th. The shares were acquired at an average cost of $13.12 per share, for a total transaction of $10,036.80. Following the completion of the acquisition, the insider now directly owns 765 shares in the company, valued at approximately $10,036.80. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Angel Oak Financial Strategies Income Term Trust Price Performance

Shares of Angel Oak Financial Strategies Income Term Trust stock opened at $13.20 on Wednesday. Angel Oak Financial Strategies Income Term Trust has a twelve month low of $12.10 and a twelve month high of $13.64. The company’s fifty day moving average is $13.33 and its 200 day moving average is $13.11.

Angel Oak Financial Strategies Income Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 2nd will be given a dividend of $0.109 per share. The ex-dividend date of this dividend is Friday, May 2nd. This represents a $1.31 dividend on an annualized basis and a dividend yield of 9.91%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FINS. Noble Wealth Management PBC boosted its position in Angel Oak Financial Strategies Income Term Trust by 1.6% during the first quarter. Noble Wealth Management PBC now owns 193,715 shares of the company’s stock valued at $2,611,000 after acquiring an additional 3,050 shares during the last quarter. Jefferies Financial Group Inc. acquired a new position in shares of Angel Oak Financial Strategies Income Term Trust in the 4th quarter valued at about $318,000. Comerica Bank lifted its stake in shares of Angel Oak Financial Strategies Income Term Trust by 160.9% in the 4th quarter. Comerica Bank now owns 19,612 shares of the company’s stock valued at $249,000 after purchasing an additional 12,096 shares during the period. Stifel Financial Corp boosted its position in shares of Angel Oak Financial Strategies Income Term Trust by 14.9% during the 4th quarter. Stifel Financial Corp now owns 293,440 shares of the company’s stock valued at $3,727,000 after purchasing an additional 38,027 shares in the last quarter. Finally, Shaker Financial Services LLC grew its stake in Angel Oak Financial Strategies Income Term Trust by 56.5% during the fourth quarter. Shaker Financial Services LLC now owns 154,668 shares of the company’s stock worth $1,964,000 after purchasing an additional 55,865 shares during the period.

Angel Oak Financial Strategies Income Term Trust Company Profile