11,124 Shares in Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) Acquired by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 11,124 shares of the financial services provider’s stock, valued at approximately $173,000.

Several other institutional investors have also recently modified their holdings of FFC. Raymond James & Associates raised its position in shares of Flaherty & Crumrine Preferred Securities Income Fund by 7.8% during 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 raised its position in shares of Flaherty & Crumrine Preferred Securities Income Fund by 1,646.7% during 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. Hennion & Walsh Asset Management Inc. raised its position 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 during the last quarter. Arkadios Wealth Advisors acquired a new position in shares of Flaherty & Crumrine Preferred Securities Income Fund during the 3rd quarter worth approximately $168,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Flaherty & Crumrine Preferred Securities Income Fund by 24.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 69,795 shares of the financial services provider’s stock worth $1,145,000 after purchasing an additional 13,635 shares during the last quarter.

Flaherty & Crumrine Preferred Securities Income Fund Trading Up 0.6 %

Shares of FFC opened at $16.21 on Friday. The stock has a fifty day moving average of $15.82 and a two-hundred day moving average of $15.85. Flaherty & Crumrine Preferred Securities Income Fund Inc. has a fifty-two week low of $13.72 and a fifty-two week high of $16.74.

Flaherty & Crumrine Preferred Securities Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be issued a $0.092 dividend. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $1.10 annualized dividend 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.