XAI OCTAGON FR/COM (NYSE:XFLT) insider Theodore J. Brombach sold 2,600 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of $9.89, for a total transaction of $25,714.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
XAI OCTAGON FR/COM stock remained flat at $$9.87 during midday trading on Wednesday. 5,746 shares of the company traded hands, compared to its average volume of 29,160. XAI OCTAGON FR/COM has a twelve month low of $9.03 and a twelve month high of $12.50.
The company also recently disclosed a monthly dividend, which will be paid on Monday, October 1st. Investors of record on Monday, September 17th will be paid a dividend of $0.069 per share. This represents a $0.83 annualized dividend and a yield of 8.39%. The ex-dividend date of this dividend is Friday, September 14th.
Institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP bought a new position in XAI OCTAGON FR/COM during the 2nd quarter worth approximately $210,000. Clear Harbor Asset Management LLC boosted its stake in XAI OCTAGON FR/COM by 46.1% during the 2nd quarter. Clear Harbor Asset Management LLC now owns 31,925 shares of the company’s stock worth $292,000 after acquiring an additional 10,080 shares during the last quarter. Shaker Financial Services LLC boosted its stake in XAI OCTAGON FR/COM by 1,548.1% during the 2nd quarter. Shaker Financial Services LLC now owns 186,233 shares of the company’s stock worth $1,702,000 after acquiring an additional 174,933 shares during the last quarter. Laurion Capital Management LP boosted its stake in XAI OCTAGON FR/COM by 511.7% during the 2nd quarter. Laurion Capital Management LP now owns 201,075 shares of the company’s stock worth $1,838,000 after acquiring an additional 168,206 shares during the last quarter. Finally, UBS Group AG boosted its stake in XAI OCTAGON FR/COM by 48.1% during the 1st quarter. UBS Group AG now owns 219,696 shares of the company’s stock worth $2,076,000 after acquiring an additional 71,334 shares during the last quarter.
XAI OCTAGON FR/COM Company Profile
There is no company description available for XAI Octagon Floating Rate & Alternative Income Term Trust.
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