Wedbush Securities Inc. Raises Stock Holdings in Angel Oak Financial Strategies Income Term Trust (NYSE:FINS)

Wedbush Securities Inc. raised its stake in Angel Oak Financial Strategies Income Term Trust (NYSE:FINSFree Report) by 12.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,759 shares of the company’s stock after purchasing an additional 1,900 shares during the period. Wedbush Securities Inc.’s holdings in Angel Oak Financial Strategies Income Term Trust were worth $226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Sit Investment Associates Inc. increased its position in shares of Angel Oak Financial Strategies Income Term Trust by 57.2% during the fourth quarter. Sit Investment Associates Inc. now owns 5,157,564 shares of the company’s stock worth $65,501,000 after purchasing an additional 1,877,565 shares in the last quarter. Wells Fargo & Company MN increased its position in Angel Oak Financial Strategies Income Term Trust by 536.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,110,241 shares of the company’s stock valued at $14,100,000 after buying an additional 935,731 shares in the last quarter. StoneX Group Inc. purchased a new stake in Angel Oak Financial Strategies Income Term Trust in the fourth quarter valued at about $597,000. Mountain Hill Investment Partners Corp. acquired a new stake in Angel Oak Financial Strategies Income Term Trust in the fourth quarter worth about $32,000. Finally, LPL Financial LLC grew its stake in shares of Angel Oak Financial Strategies Income Term Trust by 1.0% during the fourth quarter. LPL Financial LLC now owns 132,850 shares of the company’s stock worth $1,687,000 after acquiring an additional 1,284 shares during the last quarter.

Angel Oak Financial Strategies Income Term Trust Stock Up 0.3 %

Shares of Angel Oak Financial Strategies Income Term Trust stock opened at $13.13 on Friday. The company has a 50 day moving average price of $13.35 and a 200 day moving average price 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 business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be issued a $0.109 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.31 dividend on an annualized basis and a dividend yield of 9.97%.

Angel Oak Financial Strategies Income Term Trust Company Profile

(Free Report)

Further Reading

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

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