Angel Oak Financial Strategies Income Term Trust $FINS Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its stake in shares of Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) by 39.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 352,176 shares of the company’s stock after buying an additional 99,428 shares during the quarter. Advisors Asset Management Inc.’s holdings in Angel Oak Financial Strategies Income Term Trust were worth $4,571,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of FINS. Rockefeller Capital Management L.P. acquired a new stake in Angel Oak Financial Strategies Income Term Trust during the 2nd quarter worth $231,000. Cetera Investment Advisers grew its holdings in shares of Angel Oak Financial Strategies Income Term Trust by 3.7% during the second quarter. Cetera Investment Advisers now owns 36,783 shares of the company’s stock worth $477,000 after purchasing an additional 1,324 shares during the last quarter. Shaker Financial Services LLC increased its position in shares of Angel Oak Financial Strategies Income Term Trust by 22.8% during the second quarter. Shaker Financial Services LLC now owns 163,730 shares of the company’s stock worth $2,125,000 after purchasing an additional 30,346 shares in the last quarter. Mountain Hill Investment Partners Corp. lifted its holdings in shares of Angel Oak Financial Strategies Income Term Trust by 33.3% in the 2nd quarter. Mountain Hill Investment Partners Corp. now owns 3,333 shares of the company’s stock valued at $43,000 after purchasing an additional 833 shares during the last quarter. Finally, 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 valued at $281,000 after purchasing an additional 11,040 shares during the last quarter.

Angel Oak Financial Strategies Income Term Trust Stock Performance

NYSE:FINS opened at $13.13 on Friday. Angel Oak Financial Strategies Income Term Trust has a 52-week low of $12.21 and a 52-week high of $13.64. The stock’s 50 day moving average price is $13.10 and its 200 day moving average price is $13.09.

Angel Oak Financial Strategies Income Term Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be paid a $0.115 dividend. The ex-dividend date is Friday, November 14th. This represents a c) dividend on an annualized basis and a yield of 10.5%.

Angel Oak Financial Strategies Income Term Trust Profile