Oppenheimer & Co. Inc. cut its holdings in Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) by 4.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,887 shares of the financial services provider’s stock after selling 906 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Flaherty&Crumrine Prfrd Scts Incm Fd were worth $416,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FFC. Affiance Financial LLC increased its position in Flaherty&Crumrine Prfrd Scts Incm Fd by 1.9% during the 2nd quarter. Affiance Financial LLC now owns 380,087 shares of the financial services provider’s stock worth $7,575,000 after purchasing an additional 7,018 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 13.5% during the first quarter. Commonwealth Equity Services LLC now owns 259,362 shares of the financial services provider’s stock worth $4,904,000 after buying an additional 30,884 shares in the last quarter. Csenge Advisory Group purchased a new stake in shares of Flaherty&Crumrine Prfrd Scts Incm Fd during the second quarter worth about $3,367,000. Advisor Group Inc. grew its holdings in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 34.3% during the second quarter. Advisor Group Inc. now owns 94,456 shares of the financial services provider’s stock worth $1,882,000 after buying an additional 24,101 shares in the last quarter. Finally, Cetera Advisor Networks LLC raised its position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 8.9% in the first quarter. Cetera Advisor Networks LLC now owns 54,026 shares of the financial services provider’s stock valued at $1,023,000 after buying an additional 4,425 shares during the last quarter.

Shares of FFC traded down $0.04 on Wednesday, hitting $20.24. 1,314 shares of the stock traded hands, compared to its average volume of 125,976. The stock’s 50 day moving average is $20.31 and its two-hundred day moving average is $19.66. Flaherty&Crumrine Prfrd Scts Incm Fd Inc has a 1 year low of $15.82 and a 1 year high of $20.78.

The company also recently announced a dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 23rd will be given a dividend of $0.112 per share. The ex-dividend date of this dividend is Friday, September 20th.

About Flaherty&Crumrine Prfrd Scts Incm Fd

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.

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Institutional Ownership by Quarter for Flaherty&Crumrine Prfrd Scts Incm Fd (NYSE:FFC)

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