Fidelity Wise Origin Bitcoin Fund amends trust agreement to allow in-kind share transactions
Patrick W. Galley, President of RiverNorth Flexible Municipal Income Fund, Inc. (NYSE:RFM), recently acquired 900 shares of the company's common stock. The transactions, which took place on April 9, 2025, were executed at prices ranging from $13.785 to $13.8499 per share. The total value of these purchases amounted to approximately $12,444. Following these acquisitions, Galley holds 7,600 shares in a trust account.
The insider purchase comes as RFM maintains an attractive 8.25% dividend yield and boasts an "GREAT" financial health score according to InvestingPro. The fund has consistently paid dividends for 18 consecutive years, demonstrating strong commitment to shareholder returns. For deeper insights into insider trading patterns and 12 additional ProTips, consider exploring InvestingPro's comprehensive analysis tools.
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