Consolidated Portfolio Review Corp Has $636,000 Position in Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC)

Consolidated Portfolio Review Corp lessened its stake in Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) by 12.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 40,979 shares of the financial services provider’s stock after selling 6,059 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in Flaherty & Crumrine Preferred Securities Income Fund were worth $636,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FFC. Atomi Financial Group Inc. grew its holdings in shares of Flaherty & Crumrine Preferred Securities Income Fund by 9.8% during the 3rd quarter. Atomi Financial Group Inc. now owns 27,900 shares of the financial services provider’s stock valued at $458,000 after acquiring an additional 2,500 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Flaherty & Crumrine Preferred Securities Income Fund in the third quarter valued at about $65,000. Raymond James & Associates increased its position in Flaherty & Crumrine Preferred Securities Income Fund by 7.8% in the 3rd quarter. Raymond James & Associates now owns 166,060 shares of the financial services provider’s stock worth $2,725,000 after purchasing an additional 12,062 shares during the last quarter. International Assets Investment Management LLC increased its position in Flaherty & Crumrine Preferred Securities Income Fund by 1,646.7% in the 3rd quarter. International Assets Investment Management LLC now owns 291,631 shares of the financial services provider’s stock worth $4,786,000 after purchasing an additional 274,935 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its stake in shares of Flaherty & Crumrine Preferred Securities Income Fund by 34.3% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 120,354 shares of the financial services provider’s stock worth $1,975,000 after purchasing an additional 30,723 shares in the last quarter.

Flaherty & Crumrine Preferred Securities Income Fund Price Performance

Shares of NYSE FFC opened at $15.98 on Friday. The business has a 50 day simple moving average of $15.81 and a 200 day simple moving average of $15.80. Flaherty & Crumrine Preferred Securities Income Fund Inc. has a 52 week low of $13.72 and a 52 week high of $16.74.

Flaherty & Crumrine Preferred Securities Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be given a $0.092 dividend. This represents a $1.10 annualized dividend and a yield of 6.91%. The ex-dividend date is Wednesday, April 23rd.

About Flaherty & Crumrine Preferred Securities Income Fund

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.