Riverbridge Partners LLC Grows Stock Holdings in Angel Oak Financial Strategies Income Term Trust (NYSE:FINS)

Posted by Erica Schwartz on Jan 23rd, 2025

Riverbridge Partners LLC grew its position in shares of Angel Oak Financial Strategies Income Term Trust (NYSE:FINS – Free Report) by 41.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 106,333 shares of the company’s stock after buying an additional 31,324 shares during the quarter. Riverbridge Partners LLC’s holdings in Angel Oak Financial Strategies Income Term Trust were worth $1,350,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Transform Wealth LLC purchased a new position in Angel Oak Financial Strategies Income Term Trust during the 4th quarter valued at about $544,000. Worth Asset Management LLC bought a new stake in shares of Angel Oak Financial Strategies Income Term Trust in the 4th quarter worth approximately $139,000. Stifel Financial Corp increased its stake in shares of 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 valued at $3,377,000 after buying an additional 24,981 shares during the period. HighTower Advisors LLC bought a new position in shares of Angel Oak Financial Strategies Income Term Trust during the third quarter valued at approximately $405,000. Finally, Nations Financial Group Inc. IA ADV lifted its stake in Angel Oak Financial Strategies Income Term Trust by 5.0% in the third quarter. Nations Financial Group Inc. IA ADV now owns 540,794 shares of the company’s stock worth $7,149,000 after acquiring an additional 25,960 shares during the period.

Angel Oak Financial Strategies Income Term Trust Price Performance

Shares of Angel Oak Financial Strategies Income Term Trust stock opened at $13.14 on Thursday. Angel Oak Financial Strategies Income Term Trust has a 12-month low of $12.03 and a 12-month high of $13.30. The company’s fifty day simple moving average is $12.86 and its two-hundred day simple moving average is $12.88.

Angel Oak Financial Strategies Income Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be given a dividend of $0.109 per share. This represents a $1.31 annualized dividend and a dividend yield of 9.96%. The ex-dividend date is Friday, January 17th.