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

Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) insider William Eldredge purchased 765 shares of the business’s stock in a transaction on Monday, April 14th. The shares were acquired at an average price of $13.12 per share, with a total value of $10,036.80. Following the purchase, the insider now owns 765 shares of the company’s stock, valued at approximately $10,036.80. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Angel Oak Financial Strategies Income Term Trust Price Performance

Shares of Angel Oak Financial Strategies Income Term Trust stock traded up $0.08 during midday trading on Tuesday, hitting $13.20. 42,235 shares of the company were exchanged, compared to its average volume of 57,039. The firm has a 50 day simple moving average of $13.34 and a 200-day simple moving average of $13.11. Angel Oak Financial Strategies Income Term Trust has a 52 week low of $12.10 and a 52 week high of $13.64.

Angel Oak Financial Strategies Income Term Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 2nd will be issued a dividend of $0.109 per share. This represents a $1.31 annualized dividend and a yield of 9.91%. The ex-dividend date is Friday, May 2nd.

Hedge Funds Weigh In On Angel Oak Financial Strategies Income Term Trust

A number of institutional investors and hedge funds have recently bought and sold shares of FINS. Mountain Hill Investment Partners Corp. bought a new stake in shares of Angel Oak Financial Strategies Income Term Trust during the fourth quarter valued at approximately $32,000. Worth Asset Management LLC acquired a new position in Angel Oak Financial Strategies Income Term Trust during the 4th quarter worth $139,000. Catalina Capital Group LLC bought a new position in Angel Oak Financial Strategies Income Term Trust in the 4th quarter valued at $204,000. Wedbush Securities Inc. increased its stake in shares of Angel Oak Financial Strategies Income Term Trust by 12.0% in the 4th quarter. Wedbush Securities Inc. now owns 17,759 shares of the company’s stock valued at $226,000 after buying an additional 1,900 shares during the period. Finally, Comerica Bank raised its position in shares of Angel Oak Financial Strategies Income Term Trust by 160.9% during the fourth quarter. Comerica Bank now owns 19,612 shares of the company’s stock worth $249,000 after acquiring an additional 12,096 shares during the last quarter.

Angel Oak Financial Strategies Income Term Trust Company Profile