Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. $DFP Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers raised its holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) by 4.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,753 shares of the company’s stock after purchasing an additional 875 shares during the quarter. Cetera Investment Advisers’ holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund were worth $420,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Readystate Asset Management LP purchased a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund in the first quarter valued at about $363,000. Seamount Financial Group Inc. boosted its holdings in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund by 4.0% in the first quarter. Seamount Financial Group Inc. now owns 51,063 shares of the company’s stock valued at $1,034,000 after acquiring an additional 1,959 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund by 12.6% in the first quarter. Envestnet Asset Management Inc. now owns 67,694 shares of the company’s stock valued at $1,370,000 after acquiring an additional 7,586 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 45.3% during the first quarter. Concurrent Investment Advisors LLC now owns 26,518 shares of the company’s stock worth $537,000 after buying an additional 8,268 shares during the period. Finally, Revisor Wealth Management LLC grew its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 174.0% during the first quarter. Revisor Wealth Management LLC now owns 66,686 shares of the company’s stock worth $1,350,000 after buying an additional 42,347 shares during the period.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Performance

Shares of DFP opened at $20.81 on Monday. The firm’s 50-day moving average is $20.62 and its two-hundred day moving average is $20.26. Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. has a twelve month low of $18.20 and a twelve month high of $21.73.

Flaherty & Crumrine Dynamic Preferred and Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 24th will be issued a $0.1186 dividend. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend is Friday, October 24th.

About Flaherty & Crumrine Dynamic Preferred and Income Fund

Flaherty & Crumrine Dynamic Preferred and 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 across the globe. It seeks to invest in stocks of companies operating across diversified sectors.