Seamount Financial Group Inc. Sells 1,799 Shares of Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC)

Seamount Financial Group Inc. lowered its position in Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) by 5.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 33,900 shares of the financial services provider’s stock after selling 1,799 shares during the period. Seamount Financial Group Inc.’s holdings in Flaherty & Crumrine Preferred Securities Income Fund were worth $526,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Flaherty & Crumrine Preferred Securities Income Fund during the third quarter worth about $65,000. Arkadios Wealth Advisors purchased a new stake in Flaherty & Crumrine Preferred Securities Income Fund during the 3rd quarter valued at approximately $168,000. Jane Street Group LLC bought a new stake in shares of Flaherty & Crumrine Preferred Securities Income Fund during the third quarter valued at approximately $173,000. Pines Wealth Management LLC purchased a new position in shares of Flaherty & Crumrine Preferred Securities Income Fund in the fourth quarter worth $220,000. Finally, US Bancorp DE boosted its position in shares of Flaherty & Crumrine Preferred Securities Income Fund by 10.8% during the third quarter. US Bancorp DE now owns 15,406 shares of the financial services provider’s stock worth $253,000 after acquiring an additional 1,500 shares during the last quarter.

Flaherty & Crumrine Preferred Securities Income Fund Price Performance

FFC opened at $15.98 on Friday. Flaherty & Crumrine Preferred Securities Income Fund Inc. has a fifty-two week low of $13.72 and a fifty-two week high of $16.74. The company has a fifty day moving average of $15.81 and a 200 day moving average of $15.80.

Flaherty & Crumrine Preferred Securities Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd will be issued a dividend of $0.092 per share. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $1.10 annualized dividend and a dividend yield of 6.91%.

Flaherty & Crumrine Preferred Securities Income Fund Profile

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.