Oppenheimer & Co. Inc. Decreases Stock Position in Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC)

Oppenheimer & Co. Inc. decreased its position in Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) by 4.2% in the 2nd quarter, Holdings Channel reports. The fund owned 20,887 shares of the financial services provider’s stock after selling 906 shares during the period. Oppenheimer & Co. Inc.’s holdings in Flaherty&Crumrine Prfrd Scts Incm Fd were worth $416,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Affiance Financial LLC lifted its position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 1.9% during the second quarter. Affiance Financial LLC now owns 380,087 shares of the financial services provider’s stock worth $7,575,000 after purchasing an additional 7,018 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 13.5% in the first quarter. Commonwealth Equity Services LLC now owns 259,362 shares of the financial services provider’s stock valued at $4,904,000 after purchasing an additional 30,884 shares during the period. Csenge Advisory Group purchased a new position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd in the second quarter valued at $3,367,000. Advisor Group Inc. grew its holdings in Flaherty&Crumrine Prfrd Scts Incm Fd by 34.3% during the 2nd quarter. Advisor Group Inc. now owns 94,456 shares of the financial services provider’s stock valued at $1,882,000 after purchasing an additional 24,101 shares in the last quarter. Finally, Cetera Advisor Networks LLC grew its holdings in Flaherty&Crumrine Prfrd Scts Incm Fd by 8.9% during the 1st quarter. Cetera Advisor Networks LLC now owns 54,026 shares of the financial services provider’s stock valued at $1,023,000 after purchasing an additional 4,425 shares in the last quarter.

Flaherty&Crumrine Prfrd Scts Incm Fd stock traded down $0.04 during midday trading on Wednesday, hitting $20.24. 1,314 shares of the stock were exchanged, compared to its average volume of 125,976. Flaherty&Crumrine Prfrd Scts Incm Fd Inc has a 1 year low of $15.82 and a 1 year high of $20.78. The company has a 50 day moving average price of $20.31 and a two-hundred day moving average price of $19.66.

The company also recently disclosed a dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 23rd will be given a $0.112 dividend. The ex-dividend date of this dividend is Friday, September 20th.

Flaherty&Crumrine Prfrd Scts Incm Fd Company 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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