United Capital Financial Advisers LLC Buys 21,972 Shares of Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC)

United Capital Financial Advisers LLC boosted its stake in shares of Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) by 39.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 77,664 shares of the financial services provider’s stock after purchasing an additional 21,972 shares during the period. United Capital Financial Advisers LLC’s holdings in Flaherty&Crumrine Prfrd Scts Incm Fd were worth $1,548,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Cetera Advisor Networks LLC increased its stake in Flaherty&Crumrine Prfrd Scts Incm Fd by 26.7% during the second quarter. Cetera Advisor Networks LLC now owns 68,460 shares of the financial services provider’s stock worth $1,365,000 after acquiring an additional 14,434 shares during the last quarter. Fiera Capital Corp boosted its position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 8.4% during the second quarter. Fiera Capital Corp now owns 18,473 shares of the financial services provider’s stock valued at $368,000 after buying an additional 1,434 shares during the period. LPL Financial LLC boosted its position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 33.6% during the second quarter. LPL Financial LLC now owns 92,891 shares of the financial services provider’s stock valued at $1,851,000 after buying an additional 23,354 shares during the period. Atria Investments LLC purchased a new position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd during the second quarter valued at approximately $1,928,000. Finally, Capital Wealth Planning LLC purchased a new position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd during the second quarter valued at approximately $316,000.

Shares of NYSE:FFC traded down $0.20 during trading hours on Friday, hitting $20.78. 67,812 shares of the company’s stock traded hands, compared to its average volume of 127,487. Flaherty&Crumrine Prfrd Scts Incm Fd Inc has a 1 year low of $15.82 and a 1 year high of $21.10. The business has a fifty day moving average price of $20.30 and a 200-day moving average price of $19.73.



The firm also recently announced a dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 23rd will be given a dividend of $0.112 per share. 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.

Further Reading: Market Perform

Want to see what other hedge funds are holding FFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC).

Institutional Ownership by Quarter for Flaherty&Crumrine Prfrd Scts Incm Fd (NYSE:FFC)

Receive News & Ratings for Flaherty&Crumrine Prfrd Scts Incm Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flaherty&Crumrine Prfrd Scts Incm Fd and related companies with MarketBeat.com's FREE daily email newsletter.