Envestnet Asset Management Inc. Grows Position in Angel Oak Financial Strategies Income Term Trust $FINS

Envestnet Asset Management Inc. increased its stake in shares of Angel Oak Financial Strategies Income Term Trust (NYSE:FINSFree Report) by 175.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 147,729 shares of the company’s stock after acquiring an additional 94,072 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Angel Oak Financial Strategies Income Term Trust were worth $1,918,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of FINS. Ignite Planners LLC lifted its stake in Angel Oak Financial Strategies Income Term Trust by 12.3% in the 2nd quarter. Ignite Planners LLC now owns 11,620 shares of the company’s stock worth $150,000 after purchasing an additional 1,271 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Angel Oak Financial Strategies Income Term Trust by 54.4% in the first quarter. Cetera Investment Advisers now owns 35,459 shares of the company’s stock worth $478,000 after purchasing an additional 12,487 shares during the last quarter. Dakota Wealth Management lifted its position in shares of Angel Oak Financial Strategies Income Term Trust by 34.9% in the second quarter. Dakota Wealth Management now owns 83,435 shares of the company’s stock worth $1,083,000 after buying an additional 21,585 shares in the last quarter. Riverbridge Partners LLC boosted its stake in Angel Oak Financial Strategies Income Term Trust by 3.9% during the second quarter. Riverbridge Partners LLC now owns 121,663 shares of the company’s stock valued at $1,579,000 after buying an additional 4,590 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in Angel Oak Financial Strategies Income Term Trust by 1.4% during the first quarter. LPL Financial LLC now owns 134,685 shares of the company’s stock valued at $1,816,000 after buying an additional 1,835 shares during the last quarter.

Angel Oak Financial Strategies Income Term Trust Stock Down 0.2%

NYSE:FINS opened at $12.99 on Wednesday. Angel Oak Financial Strategies Income Term Trust has a 1 year low of $12.21 and a 1 year high of $13.64. The stock’s 50 day simple moving average is $13.14 and its two-hundred day simple moving average is $13.10.

Angel Oak Financial Strategies Income Term Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be given a $0.115 dividend. This represents a c) annualized dividend and a yield of 10.6%. The ex-dividend date is Friday, November 14th.

Angel Oak Financial Strategies Income Term Trust Profile

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Institutional Ownership by Quarter for Angel Oak Financial Strategies Income Term Trust (NYSE:FINS)

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