First Trust Advisors LP Has $907,000 Stock Position in Angel Oak Financial Strategies Income Term Trust (NYSE:FINS)

First Trust Advisors LP grew its holdings in Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) by 14.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 71,436 shares of the company’s stock after acquiring an additional 9,154 shares during the period. First Trust Advisors LP’s holdings in Angel Oak Financial Strategies Income Term Trust were worth $907,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of FINS. Sit Investment Associates Inc. grew its holdings in Angel Oak Financial Strategies Income Term Trust by 57.2% in the 4th quarter. Sit Investment Associates Inc. now owns 5,157,564 shares of the company’s stock valued at $65,501,000 after buying an additional 1,877,565 shares during the last quarter. Wells Fargo & Company MN raised its stake in Angel Oak Financial Strategies Income Term Trust by 536.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,110,241 shares of the company’s stock worth $14,100,000 after acquiring an additional 935,731 shares in the last quarter. Noble Wealth Management PBC acquired a new stake in shares of Angel Oak Financial Strategies Income Term Trust during the 4th quarter worth about $2,421,000. Raymond James Financial Inc. bought a new position in shares of Angel Oak Financial Strategies Income Term Trust in the fourth quarter valued at approximately $750,000. Finally, StoneX Group Inc. bought a new position in Angel Oak Financial Strategies Income Term Trust in the 4th quarter valued at $597,000.

Angel Oak Financial Strategies Income Term Trust Trading Down 0.1 %

Shares of NYSE FINS opened at $13.17 on Friday. Angel Oak Financial Strategies Income Term Trust has a 12-month low of $12.10 and a 12-month high of $13.64. The firm’s 50-day simple moving average is $13.22 and its 200 day simple moving average is $13.10.

Angel Oak Financial Strategies Income Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 2nd will be given a $0.109 dividend. The ex-dividend date is Friday, May 2nd. This represents a $1.31 dividend on an annualized basis and a yield of 9.93%.

About Angel Oak Financial Strategies Income Term Trust