FourThought Financial LLC Increases Position in Apollo Tactical Income Fund Inc. (NYSE:AIF)

FourThought Financial LLC lifted its holdings in Apollo Tactical Income Fund Inc. (NYSE:AIF – Get Rating) by 18.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,903 shares of the company’s stock after purchasing an additional 4,735 shares during the period. FourThought Financial LLC’s holdings in Apollo Tactical Income Fund were worth $364,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Captrust Financial Advisors purchased a new position in shares of Apollo Tactical Income Fund in the 2nd quarter valued at about $49,000. Janney Montgomery Scott LLC purchased a new stake in Apollo Tactical Income Fund during the 3rd quarter worth approximately $154,000. Oppenheimer & Co. Inc. purchased a new stake in Apollo Tactical Income Fund during the 3rd quarter worth approximately $375,000. Envestnet Asset Management Inc. increased its stake in Apollo Tactical Income Fund by 14.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 32,727 shares of the company’s stock worth $386,000 after buying an additional 4,102 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in Apollo Tactical Income Fund during the 1st quarter worth approximately $455,000.

Apollo Tactical Income Fund Trading Down 0.1 %

NYSE:AIF opened at $11.99 on Friday. Apollo Tactical Income Fund Inc. has a 12 month low of $11.74 and a 12 month high of $14.73. The stock has a 50 day moving average of $12.70 and a two-hundred day moving average of $12.42.

Apollo Tactical Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 31st. Shareholders of record on Friday, March 24th will be paid a dividend of $0.122 per share. The ex-dividend date is Thursday, March 23rd. This represents a $1.46 annualized dividend and a yield of 12.21%.

Apollo Tactical Income Fund Company Profile

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Apollo Funds offers investment management and fund management services.