Sigma Planning Corp Sells 13,146 Shares of Flaherty&Crumrine Prfrd Scts Incm Fd Inc (FFC)

Sigma Planning Corp lowered its position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) by 34.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 24,603 shares of the financial services provider’s stock after selling 13,146 shares during the period. Sigma Planning Corp’s holdings in Flaherty&Crumrine Prfrd Scts Incm Fd were worth $465,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Oxbow Advisors LLC increased its position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 0.9% during the 1st quarter. Oxbow Advisors LLC now owns 368,074 shares of the financial services provider’s stock valued at $6,960,000 after purchasing an additional 3,276 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd during the 1st quarter valued at approximately $32,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd during the 1st quarter valued at approximately $1,378,000. Wedbush Securities Inc. increased its position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 13.2% during the 1st quarter. Wedbush Securities Inc. now owns 19,619 shares of the financial services provider’s stock valued at $371,000 after purchasing an additional 2,283 shares during the last quarter. Finally, Affiance Financial LLC increased its position in shares of Flaherty&Crumrine Prfrd Scts Incm Fd by 4.5% during the 1st quarter. Affiance Financial LLC now owns 373,069 shares of the financial services provider’s stock valued at $7,055,000 after purchasing an additional 16,100 shares during the last quarter.

Shares of Flaherty&Crumrine Prfrd Scts Incm Fd stock opened at $19.44 on Monday. Flaherty&Crumrine Prfrd Scts Incm Fd Inc has a 52 week low of $15.82 and a 52 week high of $19.48.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 24th will be given a $0.112 dividend. This represents a $1.34 annualized dividend and a yield of 6.91%. The ex-dividend date of this dividend is Tuesday, July 23rd.

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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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