Ignite Planners LLC Buys 1,271 Shares of Angel Oak Financial Strategies Income Term Trust $FINS

Ignite Planners LLC increased its stake in shares of Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) by 12.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 11,620 shares of the company’s stock after acquiring an additional 1,271 shares during the period. Ignite Planners LLC’s holdings in Angel Oak Financial Strategies Income Term Trust were worth $150,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of FINS. Advisors Asset Management Inc. lifted its position in shares of Angel Oak Financial Strategies Income Term Trust by 148.8% during the 1st quarter. Advisors Asset Management Inc. now owns 252,748 shares of the company’s stock worth $3,407,000 after buying an additional 151,143 shares during the period. Sit Investment Associates Inc. raised its position in Angel Oak Financial Strategies Income Term Trust by 2.8% in the 1st quarter. Sit Investment Associates Inc. now owns 5,301,917 shares of the company’s stock valued at $71,470,000 after purchasing an additional 144,353 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Angel Oak Financial Strategies Income Term Trust by 110.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 53,657 shares of the company’s stock valued at $723,000 after purchasing an additional 28,191 shares during the last quarter. Dakota Wealth Management raised its position in Angel Oak Financial Strategies Income Term Trust by 34.9% in the 2nd quarter. Dakota Wealth Management now owns 83,435 shares of the company’s stock valued at $1,083,000 after purchasing an additional 21,585 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in Angel Oak Financial Strategies Income Term Trust by 54.4% in the 1st quarter. Cetera Investment Advisers now owns 35,459 shares of the company’s stock valued at $478,000 after purchasing an additional 12,487 shares during the last quarter.

Angel Oak Financial Strategies Income Term Trust Trading Down 0.2%

Shares of FINS opened at $13.17 on Friday. The stock has a fifty day moving average price of $13.19 and a two-hundred day moving average price of $13.11. Angel Oak Financial Strategies Income Term Trust has a 52-week low of $12.21 and a 52-week high of $13.64.

Angel Oak Financial Strategies Income Term Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 17th will be given a $0.115 dividend. The ex-dividend date is Friday, October 17th. This represents a c) annualized dividend and a yield of 10.5%.

Insider Transactions at Angel Oak Financial Strategies Income Term Trust

In other Angel Oak Financial Strategies Income Term Trust news, insider William Eldredge acquired 1,920 shares of the business’s stock in a transaction on Tuesday, August 5th. The stock was purchased at an average price of $13.10 per share, for a total transaction of $25,152.00. Following the transaction, the insider owned 2,940 shares in the company, valued at $38,514. This trade represents a 188.24% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Angel Oak Financial Strategies Income Term Trust Profile