Farther Finance Advisors LLC Invests $38,000 in MicroStrategy Incorporated – 8% Series A Perpetual Strike Preferred Stock $STRK

Farther Finance Advisors LLC purchased a new position in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 313 shares of the company’s stock, valued at approximately $38,000.

Several other hedge funds and other institutional investors have also made changes to their positions in STRK. Fiduciary Alliance LLC bought a new position in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the second quarter valued at $269,000. Argent Advisors Inc. bought a new position in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the first quarter valued at $336,000. Hartline Investment Corp bought a new position in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the first quarter valued at $887,000. Finally, Cambridge Investment Research Advisors Inc. bought a new position in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the first quarter valued at $2,431,000.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Price Performance

NASDAQ:STRK opened at $96.20 on Wednesday. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a 1-year low of $79.25 and a 1-year high of $129.48. The firm has a fifty day simple moving average of $97.84 and a 200 day simple moving average of $99.07.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were paid a $2.00 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $8.00 annualized dividend and a dividend yield of 8.3%.