28,612 Shares in Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) Acquired by Titleist Asset Management LLC

Titleist Asset Management LLC acquired a new stake in shares of Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 28,612 shares of the financial services provider’s stock, valued at approximately $396,000.

A number of other institutional investors have also recently added to or reduced their stakes in FFC. ICA Group Wealth Management LLC bought a new stake in Flaherty & Crumrine Preferred Securities Income Fund in the fourth quarter valued at $39,000. Belpointe Asset Management LLC bought a new stake in Flaherty & Crumrine Preferred Securities Income Fund in the 4th quarter valued at about $67,000. GPS Wealth Strategies Group LLC acquired a new position in Flaherty & Crumrine Preferred Securities Income Fund during the 1st quarter valued at about $69,000. Captrust Financial Advisors bought a new position in Flaherty & Crumrine Preferred Securities Income Fund in the 2nd quarter worth about $115,000. Finally, Evergreen Capital Management LLC acquired a new stake in shares of Flaherty & Crumrine Preferred Securities Income Fund in the fourth quarter valued at approximately $162,000.

Flaherty & Crumrine Preferred Securities Income Fund Stock Down 0.6 %

FFC opened at $13.22 on Thursday. The business’s 50 day moving average is $13.59 and its 200-day moving average is $13.82. Flaherty & Crumrine Preferred Securities Income Fund Inc. has a twelve month low of $12.61 and a twelve month high of $17.60.

Flaherty & Crumrine Preferred Securities Income Fund Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 31st. Investors of record on Thursday, August 24th were given a $0.0815 dividend. This represents a yield of 7.28%. The ex-dividend date of this dividend was Wednesday, August 23rd.

Flaherty & Crumrine Preferred Securities Income Fund 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.