LPL Financial LLC Has $1.54 Million Stock Position in Apollo Tactical Income Fund Inc. (NYSE:AIF)

LPL Financial LLC raised its position in shares of Apollo Tactical Income Fund Inc. (NYSE:AIF – Get Rating) by 26.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 127,312 shares of the company’s stock after purchasing an additional 26,741 shares during the quarter. LPL Financial LLC’s holdings in Apollo Tactical Income Fund were worth $1,543,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Stephens Inc. AR bought a new position in Apollo Tactical Income Fund during the fourth quarter worth $126,000. FourThought Financial LLC grew its stake in Apollo Tactical Income Fund by 18.1% during the third quarter. FourThought Financial LLC now owns 30,903 shares of the company’s stock worth $364,000 after purchasing an additional 4,735 shares during the period. Moors & Cabot Inc. increased its holdings in Apollo Tactical Income Fund by 45.4% in the third quarter. Moors & Cabot Inc. now owns 49,025 shares of the company’s stock worth $578,000 after purchasing an additional 15,300 shares in the last quarter. City of London Investment Management Co. Ltd. bought a new position in shares of Apollo Tactical Income Fund during the 3rd quarter worth approximately $844,000. Finally, Congress Park Capital LLC boosted its stake in Apollo Tactical Income Fund by 35.0% during the fourth quarter. Congress Park Capital LLC now owns 67,500 shares of the company’s stock worth $818,000 after acquiring an additional 17,500 shares in the last quarter.

Apollo Tactical Income Fund Stock Performance

NYSE:AIF opened at $12.00 on Friday. Apollo Tactical Income Fund Inc. has a 12 month low of $11.74 and a 12 month high of $13.45. The firm has a fifty day simple moving average of $12.23 and a two-hundred day simple moving average of $12.40.

Apollo Tactical Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Tuesday, May 23rd will be issued a dividend of $0.122 per share. The ex-dividend date is Monday, May 22nd. This represents a $1.46 annualized dividend and a dividend yield of 12.20%.

Apollo Tactical Income Fund Company Profile

(Get Rating)

Apollo Funds offers investment management and fund management services.