Consolidated Portfolio Review Corp lifted its stake in shares of XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT – Free Report) by 109.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 252,994 shares of the company’s stock after purchasing an additional 132,481 shares during the period. Consolidated Portfolio Review Corp’s holdings in XAI Octagon Floating Rate & Alternative Income Trust were worth $1,725,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in XFLT. EverSource Wealth Advisors LLC bought a new position in XAI Octagon Floating Rate & Alternative Income Trust during the second quarter worth about $60,000. Freestate Advisors LLC bought a new position in shares of XAI Octagon Floating Rate & Alternative Income Trust during the 3rd quarter worth approximately $75,000. Sykon Capital LLC acquired a new position in shares of XAI Octagon Floating Rate & Alternative Income Trust during the 2nd quarter worth approximately $155,000. Atomi Financial Group Inc. raised its stake in XAI Octagon Floating Rate & Alternative Income Trust by 22.8% in the 2nd quarter. Atomi Financial Group Inc. now owns 22,062 shares of the company’s stock valued at $156,000 after acquiring an additional 4,094 shares during the period. Finally, Naviter Wealth LLC lifted its holdings in XAI Octagon Floating Rate & Alternative Income Trust by 23.2% during the 2nd quarter. Naviter Wealth LLC now owns 25,332 shares of the company’s stock valued at $180,000 after purchasing an additional 4,768 shares during the last quarter.
XAI Octagon Floating Rate & Alternative Income Trust Trading Up 0.1 %
XFLT stock traded up $0.01 during midday trading on Friday, reaching $6.86. 749,765 shares of the company were exchanged, compared to its average volume of 429,686. XAI Octagon Floating Rate & Alternative Income Trust has a one year low of $6.53 and a one year high of $7.76. The business has a 50-day moving average price of $6.86 and a two-hundred day moving average price of $6.99.
XAI Octagon Floating Rate & Alternative Income Trust Announces Dividend
XAI Octagon Floating Rate & Alternative Income Trust Profile
XAI Octagon Floating Rate & Alternative Income Term Trust invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets. Under normal market conditions, the Trust will invest at least 80% of managed assets in senior secured loans, CLO debt and CLO equity.
The Trust seeks attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
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