Shaker Financial Services LLC Increases Stock Holdings in Angel Oak Financial Strategies Income Term Trust $FINS

Shaker Financial Services LLC boosted its stake in shares of Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) by 22.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 163,730 shares of the company’s stock after buying an additional 30,346 shares during the quarter. Shaker Financial Services LLC’s holdings in Angel Oak Financial Strategies Income Term Trust were worth $2,125,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Mountain Hill Investment Partners Corp. boosted its stake in Angel Oak Financial Strategies Income Term Trust by 33.3% during the second quarter. Mountain Hill Investment Partners Corp. now owns 3,333 shares of the company’s stock worth $43,000 after buying an additional 833 shares during the period. Ignite Planners LLC raised its stake in shares of Angel Oak Financial Strategies Income Term Trust by 12.3% in the second quarter. Ignite Planners LLC now owns 11,620 shares of the company’s stock valued at $150,000 after acquiring an additional 1,271 shares during the period. Live Oak Private Wealth LLC lifted its holdings in shares of Angel Oak Financial Strategies Income Term Trust by 103.9% in the 2nd quarter. Live Oak Private Wealth LLC now owns 21,670 shares of the company’s stock worth $281,000 after acquiring an additional 11,040 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Angel Oak Financial Strategies Income Term Trust by 54.4% during the 1st quarter. Cetera Investment Advisers now owns 35,459 shares of the company’s stock worth $478,000 after purchasing an additional 12,487 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Angel Oak Financial Strategies Income Term Trust by 110.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 53,657 shares of the company’s stock worth $723,000 after purchasing an additional 28,191 shares during the period.

Angel Oak Financial Strategies Income Term Trust Price Performance

Angel Oak Financial Strategies Income Term Trust stock opened at $13.11 on Monday. Angel Oak Financial Strategies Income Term Trust has a 1-year low of $12.21 and a 1-year high of $13.64. The company’s 50-day moving average is $13.17 and its 200 day moving average is $13.09.

Angel Oak Financial Strategies Income Term Trust Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, October 31st. Stockholders of record on Friday, October 17th were issued a $0.115 dividend. This represents a c) annualized dividend and a dividend yield of 10.5%. The ex-dividend date was Friday, October 17th.

Insider Buying and Selling at Angel Oak Financial Strategies Income Term Trust

In other Angel Oak Financial Strategies Income Term Trust news, insider William Eldredge purchased 1,920 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The stock was purchased at an average cost of $13.10 per share, with a total value of $25,152.00. Following the purchase, the insider owned 2,940 shares of the company’s stock, valued at approximately $38,514. The trade was a 188.24% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Angel Oak Financial Strategies Income Term Trust Company Profile