Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. reduced its position in shares of Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFCGet Rating) by 5.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,171 shares of the financial services provider’s stock after selling 2,214 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Flaherty & Crumrine Preferred Securities Income Fund were worth $552,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wedbush Securities Inc. raised its position in shares of Flaherty & Crumrine Preferred Securities Income Fund by 5.3% during the 2nd quarter. Wedbush Securities Inc. now owns 28,138 shares of the financial services provider’s stock valued at $472,000 after buying an additional 1,405 shares during the period. Allworth Financial LP raised its position in Flaherty & Crumrine Preferred Securities Income Fund by 108.5% in the third quarter. Allworth Financial LP now owns 5,421 shares of the financial services provider’s stock valued at $81,000 after purchasing an additional 2,821 shares during the period. Csenge Advisory Group lifted its stake in shares of Flaherty & Crumrine Preferred Securities Income Fund by 24.0% in the 2nd quarter. Csenge Advisory Group now owns 158,212 shares of the financial services provider’s stock valued at $2,653,000 after purchasing an additional 30,590 shares during the last quarter. Kestra Private Wealth Services LLC acquired a new stake in shares of Flaherty & Crumrine Preferred Securities Income Fund during the 2nd quarter worth about $201,000. Finally, Envestnet Asset Management Inc. raised its holdings in Flaherty & Crumrine Preferred Securities Income Fund by 40.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 31,491 shares of the financial services provider’s stock valued at $528,000 after buying an additional 9,036 shares during the period.

Flaherty & Crumrine Preferred Securities Income Fund Price Performance

NYSE FFC opened at $17.17 on Wednesday. The firm’s 50-day moving average is $15.71 and its two-hundred day moving average is $16.10. Flaherty & Crumrine Preferred Securities Income Fund Inc. has a 12 month low of $14.42 and a 12 month high of $20.70.

Flaherty & Crumrine Preferred Securities Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, April 28th. Investors of record on Friday, April 21st will be given a dividend of $0.093 per share. The ex-dividend date is Thursday, April 20th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 6.50%.

Flaherty & Crumrine Preferred Securities Income Fund Company Profile

(Get Rating)

Flaherty & Crumrine Preferred & Income Securities Fund, Inc is a mutual fund, closed-end investment. Its objective is to provide high current income for holders of its common stock consistent with preservation of capital. The company was founded on May 23, 2002 and is headquartered in Pasadena, CA.

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Institutional Ownership by Quarter for Flaherty & Crumrine Preferred Securities Income Fund (NYSE:FFC)

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