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

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

Several other institutional investors also recently bought and sold shares of FFC. Arkadios Wealth Advisors purchased a new stake in shares of Flaherty & Crumrine Preferred Securities Income Fund during the 3rd quarter valued at $168,000. Jane Street Group LLC purchased a new stake in shares of Flaherty & Crumrine Preferred Securities Income Fund during the 3rd quarter valued at $173,000. Pines Wealth Management LLC purchased a new stake in shares of Flaherty & Crumrine Preferred Securities Income Fund during the 4th quarter valued at $220,000. US Bancorp DE boosted its position in Flaherty & Crumrine Preferred Securities Income Fund by 10.8% during the 3rd 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. Finally, Janney Montgomery Scott LLC purchased a new stake in Flaherty & Crumrine Preferred Securities Income Fund during the 4th quarter worth $246,000.

Flaherty & Crumrine Preferred Securities Income Fund Stock Up 0.6 %

Shares of Flaherty & Crumrine Preferred Securities Income Fund stock opened at $16.21 on Friday. The company has a fifty day moving average price of $15.82 and a 200 day moving average price of $15.85. Flaherty & Crumrine Preferred Securities Income Fund Inc. has a twelve month low of $13.72 and a twelve month 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. Investors of record on Wednesday, April 23rd will be given a dividend of $0.092 per share. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $1.10 dividend on an annualized basis and a yield of 6.81%.

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.