Fidelity Wise Origin Bitcoin Fund amends trust agreement to allow in-kind share transactions
WEST PALM BEACH, FL—Jonathan Paul Browne, a portfolio manager at RiverNorth Flexible Municipal Income Fund, Inc. (NYSE:RFM), has recently acquired shares in the company. The fund, which boasts an impressive 8.3% dividend yield and has maintained dividend payments for 18 consecutive years, currently maintains a "GREAT" financial health score according to InvestingPro data. According to a Form 4 filed with the Securities and Exchange Commission, Browne purchased 750 shares of the company’s common stock on April 10, 2025, at a price of $13.59 per share. The total value of the transaction amounted to $10,192. Following this acquisition, Browne holds 750 shares directly. The purchase price sits near the stock’s 52-week range of $13.14 to $16.54. InvestingPro analysis reveals 12 additional investment tips for RFM, including insights on valuation and cash flow metrics.
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