Comerica Bank Purchases 12,096 Shares of Angel Oak Financial Strategies Income Term Trust (NYSE:FINS)

Comerica Bank lifted its position in Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) by 160.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,612 shares of the company’s stock after buying an additional 12,096 shares during the quarter. Comerica Bank’s holdings in Angel Oak Financial Strategies Income Term Trust were worth $249,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Mountain Hill Investment Partners Corp. acquired a new stake in Angel Oak Financial Strategies Income Term Trust in the 4th quarter worth approximately $32,000. Catalina Capital Group LLC acquired a new position in Angel Oak Financial Strategies Income Term Trust during the fourth quarter worth $204,000. Wedbush Securities Inc. raised its stake in Angel Oak Financial Strategies Income Term Trust by 12.0% during the fourth quarter. Wedbush Securities Inc. now owns 17,759 shares of the company’s stock worth $226,000 after acquiring an additional 1,900 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Angel Oak Financial Strategies Income Term Trust by 4.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 25,466 shares of the company’s stock worth $323,000 after acquiring an additional 1,164 shares in the last quarter. Finally, Transform Wealth LLC acquired a new position in Angel Oak Financial Strategies Income Term Trust during the fourth quarter worth $544,000.

Angel Oak Financial Strategies Income Term Trust Trading Down 0.6%

Angel Oak Financial Strategies Income Term Trust stock opened at $13.36 on Friday. The stock has a fifty day moving average price of $13.21 and a two-hundred day moving average price of $13.11. Angel Oak Financial Strategies Income Term Trust has a 52-week low of $12.10 and a 52-week high of $13.64.

Angel Oak Financial Strategies Income Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 2nd will be paid a $0.109 dividend. The ex-dividend date is Friday, May 2nd. This represents a $1.31 dividend on an annualized basis and a dividend yield of 9.79%.

About Angel Oak Financial Strategies Income Term Trust