DF Dent & Co. Inc. Has $202,000 Holdings in Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC)

DF Dent & Co. Inc. cut its position in shares of Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) by 13.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,298 shares of the financial services provider’s stock after selling 1,835 shares during the quarter. DF Dent & Co. Inc.’s holdings in Flaherty & Crumrine Preferred Securities Income Fund were worth $202,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. MCIA Inc increased its position in shares of Flaherty & Crumrine Preferred Securities Income Fund by 1.5% during the second quarter. MCIA Inc now owns 66,760 shares of the financial services provider’s stock worth $991,000 after buying an additional 1,008 shares during the period. Sage Capital Advisors llc grew its holdings in Flaherty & Crumrine Preferred Securities Income Fund by 3.9% in the third quarter. Sage Capital Advisors llc now owns 27,168 shares of the financial services provider’s stock worth $446,000 after purchasing an additional 1,025 shares during the period. US Bancorp DE grew its holdings in Flaherty & Crumrine Preferred Securities Income Fund by 10.8% in the third quarter. US Bancorp DE now owns 15,406 shares of the financial services provider’s stock worth $253,000 after purchasing an additional 1,500 shares during the period. Comerica Bank grew its holdings in Flaherty & Crumrine Preferred Securities Income Fund by 42.8% in the first quarter. Comerica Bank now owns 5,292 shares of the financial services provider’s stock worth $79,000 after purchasing an additional 1,585 shares during the period. Finally, Thrivent Financial for Lutherans grew its holdings in Flaherty & Crumrine Preferred Securities Income Fund by 5.3% in the second quarter. Thrivent Financial for Lutherans now owns 45,483 shares of the financial services provider’s stock worth $673,000 after purchasing an additional 2,295 shares during the period.

Flaherty & Crumrine Preferred Securities Income Fund Stock Performance

NYSE:FFC opened at $16.04 on Friday. The firm has a fifty day simple moving average of $16.03 and a two-hundred day simple moving average of $15.46. Flaherty & Crumrine Preferred Securities Income Fund Inc. has a 12 month low of $13.51 and a 12 month high of $16.74.

Flaherty & Crumrine Preferred Securities Income Fund Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 21st were issued a $0.092 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 6.88%. This is a boost from Flaherty & Crumrine Preferred Securities Income Fund’s previous monthly dividend of $0.09. The ex-dividend date was Thursday, November 21st.

Flaherty & Crumrine Preferred Securities Income Fund 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.