Riverbridge Partners LLC reduced its position in Angel Oak Financial Strategies Income Term Trust (NYSE:FINS – Free Report) by 40.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 139,729 shares of the company’s stock after selling 95,634 shares during the quarter. Riverbridge Partners LLC’s holdings in Angel Oak Financial Strategies Income Term Trust were worth $1,667,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in the business. Integrated Wealth Concepts LLC purchased a new position in Angel Oak Financial Strategies Income Term Trust during the second quarter worth about $46,000. Mountain Hill Investment Partners Corp. grew its stake in shares of Angel Oak Financial Strategies Income Term Trust by 30.0% during the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 4,333 shares of the company’s stock worth $52,000 after acquiring an additional 1,000 shares during the period. Fifth Third Bancorp purchased a new position in shares of Angel Oak Financial Strategies Income Term Trust in the first quarter worth about $57,000. Citadel Advisors LLC purchased a new position in Angel Oak Financial Strategies Income Term Trust in the 2nd quarter valued at approximately $139,000. Finally, Susquehanna International Group LLP purchased a new position in shares of Angel Oak Financial Strategies Income Term Trust in the second quarter valued at $145,000.
Angel Oak Financial Strategies Income Term Trust Trading Down 0.2%
NYSE FINS opened at $11.83 on Thursday. Angel Oak Financial Strategies Income Term Trust has a 1 year low of $11.61 and a 1 year high of $13.45. The company’s 50 day simple moving average is $12.05 and its two-hundred day simple moving average is $12.62.
Angel Oak Financial Strategies Income Term Trust Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be issued a $0.1150 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.38 annualized dividend and a dividend yield of 11.7%.
Angel Oak Financial Strategies Income Term Trust Profile
Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) is a closed-end investment company managed by Angel Oak Capital Advisors, LLC. The fund seeks to provide current income and, as a secondary objective, capital appreciation by investing primarily in debt and other income-producing securities issued by or associated with financial institutions and financial services companies. FINS may invest across a range of financial assets, including bank loans, corporate debt, mortgage-related securities, structured credit and other securities linked to the financial sector.
Read More
- Five stocks we like better than Angel Oak Financial Strategies Income Term Trust
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for Angel Oak Financial Strategies Income Term Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Angel Oak Financial Strategies Income Term Trust and related companies with MarketBeat.com's FREE daily email newsletter.
