Csenge Advisory Group Sells 1,871 Shares of Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC)

Csenge Advisory Group lessened its holdings in shares of Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 246,253 shares of the financial services provider’s stock after selling 1,871 shares during the period. Csenge Advisory Group’s holdings in Flaherty & Crumrine Preferred Securities Income Fund were worth $3,824,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of FFC. International Assets Investment Management LLC raised its holdings in shares of Flaherty & Crumrine Preferred Securities Income Fund by 1,646.7% in the third quarter. International Assets Investment Management LLC now owns 291,631 shares of the financial services provider’s stock valued at $4,786,000 after acquiring an additional 274,935 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Flaherty & Crumrine Preferred Securities Income Fund by 53.1% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 184,214 shares of the financial services provider’s stock valued at $2,861,000 after purchasing an additional 63,860 shares during the last quarter. Raymond James & Associates grew its stake in shares of Flaherty & Crumrine Preferred Securities Income Fund by 7.8% during the third quarter. Raymond James & Associates now owns 166,060 shares of the financial services provider’s stock worth $2,725,000 after acquiring an additional 12,062 shares during the last quarter. Stifel Financial Corp increased its stake in Flaherty & Crumrine Preferred Securities Income Fund by 461.2% during the 3rd quarter. Stifel Financial Corp now owns 136,754 shares of the financial services provider’s stock valued at $2,244,000 after purchasing an additional 112,386 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its position in Flaherty & Crumrine Preferred Securities Income Fund by 4.7% during the 4th quarter. Park Avenue Securities LLC now owns 90,024 shares of the financial services provider’s stock worth $1,398,000 after acquiring an additional 4,022 shares during the period.

Flaherty & Crumrine Preferred Securities Income Fund Price Performance

Shares of Flaherty & Crumrine Preferred Securities Income Fund stock opened at $16.21 on Friday. The firm has a fifty day moving average price of $15.82 and a 200 day moving average price of $15.86. Flaherty & Crumrine Preferred Securities Income Fund Inc. has a 1 year low of $13.72 and a 1 year high of $16.74.

Flaherty & Crumrine Preferred Securities Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 23rd will be paid a $0.092 dividend. The ex-dividend date is Wednesday, April 23rd. This represents a $1.10 dividend on an annualized basis and a yield of 6.81%.

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.