Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) Shares Acquired by Affiance Financial LLC

Affiance Financial LLC increased its holdings in Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) by 1.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 380,087 shares of the financial services provider’s stock after purchasing an additional 7,018 shares during the quarter. Flaherty&Crumrine Prfrd Scts Incm Fd accounts for about 4.6% of Affiance Financial LLC’s holdings, making the stock its 6th largest holding. Affiance Financial LLC’s holdings in Flaherty&Crumrine Prfrd Scts Incm Fd were worth $7,575,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. American Financial Advisors LLC purchased a new stake in Flaherty&Crumrine Prfrd Scts Incm Fd during the 4th quarter worth approximately $10,374,000. Oxbow Advisors LLC lifted its position in Flaherty&Crumrine Prfrd Scts Incm Fd by 0.9% in the first quarter. Oxbow Advisors LLC now owns 368,074 shares of the financial services provider’s stock valued at $6,960,000 after purchasing an additional 3,276 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 13.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 259,362 shares of the financial services provider’s stock valued at $4,904,000 after acquiring an additional 30,884 shares during the period. Mercer Global Advisors Inc. ADV acquired a new position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd during the 1st quarter worth approximately $1,378,000. Finally, Advisor Group Inc. raised its position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 15.2% during the 1st quarter. Advisor Group Inc. now owns 70,355 shares of the financial services provider’s stock worth $1,331,000 after purchasing an additional 9,296 shares during the last quarter.

Flaherty&Crumrine Prfrd Scts Incm Fd stock traded down $0.20 during trading on Tuesday, reaching $20.45. 272,400 shares of the company’s stock were exchanged, compared to its average volume of 126,761. The business’s 50-day simple moving average is $20.05. Flaherty&Crumrine Prfrd Scts Incm Fd Inc has a 52-week low of $15.82 and a 52-week high of $20.70.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 24th will be given a dividend of $0.112 per share. This represents a $1.34 dividend on an annualized basis and a dividend yield of 6.57%. The ex-dividend date is Tuesday, July 23rd.

Flaherty&Crumrine Prfrd Scts Incm Fd Profile

Flaherty & Crumrine Preferred Securities Income Fund Inc is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.

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Institutional Ownership by Quarter for Flaherty&Crumrine Prfrd Scts Incm Fd (NYSE:FFC)

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