Citadel Advisors LLC purchased a new position in shares of Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 17,453 shares of the financial services provider’s stock, valued at approximately $373,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sheaff Brock Investment Advisors LLC boosted its position in Flaherty & Crumrine Preferred Securities Income Fund by 0.8% during the second quarter. Sheaff Brock Investment Advisors LLC now owns 12,082 shares of the financial services provider’s stock worth $265,000 after acquiring an additional 96 shares during the last quarter. Wells Fargo & Company MN boosted its position in Flaherty & Crumrine Preferred Securities Income Fund by 17.8% during the second quarter. Wells Fargo & Company MN now owns 209,021 shares of the financial services provider’s stock worth $4,593,000 after acquiring an additional 31,579 shares during the last quarter. Advisor Group Inc. boosted its position in Flaherty & Crumrine Preferred Securities Income Fund by 22.1% during the second quarter. Advisor Group Inc. now owns 140,056 shares of the financial services provider’s stock worth $3,077,000 after acquiring an additional 25,338 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Flaherty & Crumrine Preferred Securities Income Fund by 23.6% during the second quarter. Ameriprise Financial Inc. now owns 125,123 shares of the financial services provider’s stock worth $2,749,000 after acquiring an additional 23,865 shares during the last quarter. Finally, BB&T Securities LLC boosted its position in Flaherty & Crumrine Preferred Securities Income Fund by 32.3% during the second quarter. BB&T Securities LLC now owns 64,754 shares of the financial services provider’s stock worth $1,422,000 after acquiring an additional 15,814 shares during the last quarter.

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE FFC) opened at $20.73 on Thursday. Flaherty & Crumrine Preferred Securities Income Fund Inc. has a fifty-two week low of $18.67 and a fifty-two week high of $22.44.

The company also recently announced a monthly dividend, which was paid on Thursday, November 30th. Shareholders of record on Wednesday, November 22nd were issued a $0.119 dividend. The ex-dividend date was Tuesday, November 21st. This represents a $1.43 annualized dividend and a yield of 6.89%.

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Flaherty & Crumrine Preferred Securities Income Fund 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.

Institutional Ownership by Quarter for Flaherty & Crumrine Preferred Securities Income Fund (NYSE:FFC)

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