Pekin Hardy Strauss Inc. Acquires 3,000 Shares of Angel Oak Financial Strategies Income Term Trust (NYSE:FINS)

Pekin Hardy Strauss Inc. boosted its holdings in shares of Angel Oak Financial Strategies Income Term Trust (NYSE:FINSGet Rating) by 13.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,790 shares of the company’s stock after buying an additional 3,000 shares during the period. Pekin Hardy Strauss Inc.’s holdings in Angel Oak Financial Strategies Income Term Trust were worth $391,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Live Oak Private Wealth LLC bought a new stake in Angel Oak Financial Strategies Income Term Trust during the first quarter valued at $168,000. SFI Advisors LLC purchased a new stake in Angel Oak Financial Strategies Income Term Trust during the fourth quarter valued at about $248,000. Advisor Group Holdings Inc. raised its position in Angel Oak Financial Strategies Income Term Trust by 35.0% during the fourth quarter. Advisor Group Holdings Inc. now owns 30,129 shares of the company’s stock valued at $507,000 after purchasing an additional 7,811 shares in the last quarter. Envestnet Asset Management Inc. purchased a new stake in Angel Oak Financial Strategies Income Term Trust during the fourth quarter valued at about $857,000. Finally, D.A. Davidson & CO. raised its position in Angel Oak Financial Strategies Income Term Trust by 1.3% during the first quarter. D.A. Davidson & CO. now owns 76,044 shares of the company’s stock valued at $1,201,000 after purchasing an additional 1,000 shares in the last quarter.

Angel Oak Financial Strategies Income Term Trust Stock Performance

NYSE FINS opened at $14.00 on Friday. The stock’s 50-day simple moving average is $14.53 and its two-hundred day simple moving average is $14.95. Angel Oak Financial Strategies Income Term Trust has a twelve month low of $13.32 and a twelve month high of $18.50.

Angel Oak Financial Strategies Income Term Trust Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, September 30th. Shareholders of record on Friday, September 16th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Thursday, September 15th. This represents a $1.14 dividend on an annualized basis and a yield of 8.14%.

Angel Oak Financial Strategies Income Term Trust Company Profile

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Further Reading

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

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