XAI OCTAGON FR/COM (NYSE:XFLT) insider Theodore J. Brombach sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, August 31st. The stock was sold at an average price of $9.95, for a total transaction of $10,945.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of XAI OCTAGON FR/COM stock traded down $0.03 on Friday, reaching $9.85. The stock had a trading volume of 100 shares, compared to its average volume of 28,937. XAI OCTAGON FR/COM has a fifty-two week low of $9.03 and a fifty-two week high of $12.50.
The company also recently disclosed a monthly dividend, which will be paid on Monday, October 1st. Stockholders of record on Monday, September 17th will be paid a $0.069 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of 8.41%. The ex-dividend date is Friday, September 14th.
Several institutional investors have recently modified their holdings of the company. Shaker Financial Services LLC raised 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 valued at $1,702,000 after purchasing an additional 174,933 shares during the last quarter. Clear Harbor Asset Management LLC raised 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 valued at $292,000 after purchasing an additional 10,080 shares during the last quarter. Laurion Capital Management LP raised 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 valued at $1,838,000 after purchasing an additional 168,206 shares during the last quarter. First Trust Advisors LP acquired a new position in XAI OCTAGON FR/COM during the 2nd quarter valued at $210,000. Finally, UBS Group AG raised 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 valued at $2,076,000 after purchasing 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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