Transform Wealth LLC Takes $544,000 Position in Angel Oak Financial Strategies Income Term Trust (NYSE:FINS)

Transform Wealth LLC bought a new position in shares of Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 42,800 shares of the company’s stock, valued at approximately $544,000.

A number of other large investors have also recently made changes to their positions in the company. Shaker Financial Services LLC raised its stake in Angel Oak Financial Strategies Income Term Trust by 17.5% in the third quarter. Shaker Financial Services LLC now owns 98,803 shares of the company’s stock valued at $1,306,000 after buying an additional 14,732 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in shares of Angel Oak Financial Strategies Income Term Trust by 5.0% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 540,794 shares of the company’s stock valued at $7,149,000 after acquiring an additional 25,960 shares during the last quarter. HighTower Advisors LLC acquired a new stake in shares of Angel Oak Financial Strategies Income Term Trust during the 3rd quarter worth about $405,000. Stifel Financial Corp lifted its stake in Angel Oak Financial Strategies Income Term Trust by 10.8% during the third quarter. Stifel Financial Corp now owns 255,413 shares of the company’s stock worth $3,377,000 after purchasing an additional 24,981 shares during the last quarter. Finally, Worth Asset Management LLC acquired a new position in Angel Oak Financial Strategies Income Term Trust in the fourth quarter valued at approximately $139,000.

Angel Oak Financial Strategies Income Term Trust Trading Up 0.2 %

Shares of Angel Oak Financial Strategies Income Term Trust stock opened at $13.07 on Wednesday. Angel Oak Financial Strategies Income Term Trust has a 52 week low of $12.02 and a 52 week high of $13.30. The firm’s 50 day moving average is $12.85 and its two-hundred day moving average is $12.87.

Angel Oak Financial Strategies Income Term Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be given a $0.109 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 10.01%. The ex-dividend date of this dividend is Friday, January 17th.

About Angel Oak Financial Strategies Income Term Trust