US Bancorp DE Purchases 1,050 Shares of Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC)

US Bancorp DE boosted its position in shares of Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) by 6.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,456 shares of the financial services provider’s stock after buying an additional 1,050 shares during the quarter. US Bancorp DE’s holdings in Flaherty & Crumrine Preferred Securities Income Fund were worth $256,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Atria Wealth Solutions Inc. raised its holdings in Flaherty & Crumrine Preferred Securities Income Fund by 3.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 19,283 shares of the financial services provider’s stock valued at $299,000 after buying an additional 662 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in Flaherty & Crumrine Preferred Securities Income Fund during the 4th quarter valued at $246,000. Sanctuary Advisors LLC purchased a new position in Flaherty & Crumrine Preferred Securities Income Fund during the 3rd quarter valued at $449,000. Jane Street Group LLC purchased a new position in Flaherty & Crumrine Preferred Securities Income Fund during the 3rd quarter valued at $173,000. Finally, Stifel Financial Corp increased its position 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 during the period.

Flaherty & Crumrine Preferred Securities Income Fund Price Performance

Shares of Flaherty & Crumrine Preferred Securities Income Fund stock opened at $15.91 on Friday. The company’s fifty day simple moving average is $15.95 and its two-hundred day simple moving average is $15.99. Flaherty & Crumrine Preferred Securities Income Fund Inc. has a 12-month low of $13.72 and a 12-month high of $16.74.

Flaherty & Crumrine Preferred Securities Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be given a dividend of $0.092 per share. This represents a $1.10 dividend on an annualized basis and a yield of 6.94%. The ex-dividend date is Wednesday, April 23rd.

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.