Angel Oak Financial Strategies Income Term Trust (NYSE:FINS - Get Free Report) insider William Eldredge purchased 765 shares of the firm's stock in a transaction on Monday, April 14th. The stock was bought at an average cost of $13.12 per share, with a total value of $10,036.80. Following the completion of the purchase, the insider now owns 765 shares of the company's stock, valued at approximately $10,036.80. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Angel Oak Financial Strategies Income Term Trust Stock Performance
Shares of FINS opened at $13.20 on Wednesday. Angel Oak Financial Strategies Income Term Trust has a one year low of $12.10 and a one year high of $13.64. The stock has a 50-day moving average of $13.33 and a 200-day moving average of $13.11.
Angel Oak Financial Strategies Income Term Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 2nd will be paid 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 yield of 9.91%.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of FINS. 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 acquiring an additional 1,877,565 shares in the last quarter. Wells Fargo & Company MN boosted its stake 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 purchasing an additional 935,731 shares during the last quarter. Noble Wealth Management PBC bought a new stake in Angel Oak Financial Strategies Income Term Trust during the 4th quarter worth approximately $2,421,000. Raymond James Financial Inc. purchased a new stake in shares of Angel Oak Financial Strategies Income Term Trust in the fourth quarter worth approximately $750,000. Finally, Shaker Financial Services LLC lifted its holdings in shares of Angel Oak Financial Strategies Income Term Trust by 56.5% in the fourth quarter. Shaker Financial Services LLC now owns 154,668 shares of the company's stock valued at $1,964,000 after purchasing an additional 55,865 shares in the last quarter.
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