Thomas J. Herzfeld Advisors Inc. Makes New Investment in Angel Oak Financial Strategies Income Term Trust $FINS

Thomas J. Herzfeld Advisors Inc. purchased a new stake in shares of Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 203,446 shares of the company’s stock, valued at approximately $2,641,000.

Other large investors also recently bought and sold shares of the company. First Trust Advisors LP increased its holdings in shares of Angel Oak Financial Strategies Income Term Trust by 63.5% during the second quarter. First Trust Advisors LP now owns 140,399 shares of the company’s stock valued at $1,822,000 after acquiring an additional 54,552 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in Angel Oak Financial Strategies Income Term Trust during the 2nd quarter valued at about $76,000. Choreo LLC purchased a new position in Angel Oak Financial Strategies Income Term Trust in the second quarter worth about $345,000. Advisors Asset Management Inc. lifted its stake in shares of Angel Oak Financial Strategies Income Term Trust by 39.3% in the second quarter. Advisors Asset Management Inc. now owns 352,176 shares of the company’s stock worth $4,571,000 after buying an additional 99,428 shares in the last quarter. Finally, Rockefeller Capital Management L.P. purchased a new stake in shares of Angel Oak Financial Strategies Income Term Trust during the second quarter valued at approximately $231,000.

Angel Oak Financial Strategies Income Term Trust Stock Performance

Shares of NYSE FINS opened at $13.09 on Friday. Angel Oak Financial Strategies Income Term Trust has a twelve month low of $12.21 and a twelve month high of $13.64. The company has a 50 day moving average of $13.11 and a 200 day moving average of $13.08.

Angel Oak Financial Strategies Income Term Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th will be given a dividend of $0.115 per share. The ex-dividend date of this dividend is Wednesday, December 17th. This represents a c) annualized dividend and a dividend yield of 10.5%.

Angel Oak Financial Strategies Income Term Trust Profile