Wolverine Asset Management LLC Sells 48,123 Shares of Flaherty & Crumrine Pref. Income Fd Inc. (PFD)

Wolverine Asset Management LLC decreased its position in Flaherty & Crumrine Pref. Income Fd Inc. (NYSE:PFD) by 77.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,238 shares of the real estate investment trust’s stock after selling 48,123 shares during the quarter. Wolverine Asset Management LLC’s holdings in Flaherty & Crumrine Pref. Income Fd were worth $192,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PFD. RMB Capital Management LLC raised its stake in shares of Flaherty & Crumrine Pref. Income Fd by 43.3% in the 1st quarter. RMB Capital Management LLC now owns 20,317 shares of the real estate investment trust’s stock valued at $276,000 after purchasing an additional 6,141 shares during the period. Robinson Capital Management LLC increased its position in shares of Flaherty & Crumrine Pref. Income Fd by 519.6% in the second quarter. Robinson Capital Management LLC now owns 43,372 shares of the real estate investment trust’s stock valued at $587,000 after acquiring an additional 36,372 shares during the last quarter. Finally, Private Advisor Group LLC acquired a new stake in shares of Flaherty & Crumrine Pref. Income Fd in the second quarter valued at about $199,000.

NYSE:PFD opened at $13.57 on Monday. Flaherty & Crumrine Pref. Income Fd Inc. has a 52-week low of $13.19 and a 52-week high of $16.34.

The business also recently announced a monthly dividend, which will be paid on Wednesday, October 31st. Investors of record on Wednesday, October 24th will be given a $0.078 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 6.90%. The ex-dividend date of this dividend is Tuesday, October 23rd.

Flaherty & Crumrine Pref. Income Fd Profile

There is no company description available for Flaherty & Crumrine Preferred Income Fund.

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Institutional Ownership by Quarter for Flaherty & Crumrine Pref. Income Fd (NYSE:PFD)

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