National Planning Corp lowered its position in Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) by 3.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,024 shares of the financial services provider’s stock after selling 2,146 shares during the period. National Planning Corp’s holdings in Flaherty&Crumrine Prfrd Sctsm Fd were worth $1,498,000 as of its most recent SEC filing.

Separately, Lee Financial Co acquired a new position in shares of Flaherty&Crumrine Prfrd Sctsm Fd during the second quarter worth about $167,000.

Flaherty&Crumrine Prfrd Scts Incm Fd Inc (FFC) opened at 20.64 on Friday. The firm’s 50-day moving average price is $21.46 and its 200-day moving average price is $20.81. Flaherty&Crumrine Prfrd Scts Incm Fd Inc has a 12 month low of $18.18 and a 12 month high of $22.44.

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 24th will be given a dividend of $0.119 per share. This represents a $1.43 annualized dividend and a yield of 6.92%. The ex-dividend date of this dividend is Tuesday, August 22nd.

WARNING: “Flaherty&Crumrine Prfrd Scts Incm Fd Inc (FFC) Stake Cut by National Planning Corp” was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this article on another website, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The original version of this article can be viewed at https://www.dailypolitical.com/2017/08/11/flahertycrumrine-prfrd-scts-incm-fd-inc-ffc-stake-cut-by-national-planning-corp.html.

Flaherty&Crumrine Prfrd Sctsm Fd Company Profile

Flaherty & Crumrine Preferred Securities Income Fund Incorporated is a diversified, closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests in a portfolio of preferred securities, such as taxable preferred securities and preferred stocks.

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 Sctsm Fd (NYSE:FFC)

Receive News & Ratings for Flaherty&Crumrine Prfrd Scts Incm Fd Inc 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 Inc and related companies with MarketBeat.com's FREE daily email newsletter.