Flaherty&Crumrine Prfrd Scts Incm Fd Inc (FFC) is Affiance Financial LLC’s 6th Largest Position

Affiance Financial LLC boosted its holdings in Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) by 4.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 373,069 shares of the financial services provider’s stock after buying an additional 16,100 shares during the period. Flaherty&Crumrine Prfrd Scts Incm Fd accounts for approximately 4.4% 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 $7,055,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of FFC. Lindbrook Capital LLC acquired a new position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd in the 4th quarter valued at about $43,000. Spence Asset Management lifted its stake in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 89.3% in the 4th quarter. Spence Asset Management now owns 3,074 shares of the financial services provider’s stock valued at $51,000 after purchasing an additional 1,450 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd in the 4th quarter valued at about $66,000. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd in the 4th quarter valued at about $77,000. Finally, Summit Securities Group LLC acquired a new position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd in the 4th quarter valued at about $167,000.

Flaherty&Crumrine Prfrd Scts Incm Fd stock traded up $0.02 during midday trading on Monday, hitting $19.27. 100 shares of the company were exchanged, compared to its average volume of 134,815. Flaherty&Crumrine Prfrd Scts Incm Fd Inc has a fifty-two week low of $15.82 and a fifty-two week high of $19.45.

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be given a dividend of $0.112 per share. This represents a $1.34 annualized dividend and a yield of 6.97%. The ex-dividend date is Monday, April 22nd.

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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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