Seamount Financial Group Inc. Has $979,000 Stock Holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP)

Seamount Financial Group Inc. reduced its holdings in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) by 16.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 49,104 shares of the company’s stock after selling 9,553 shares during the period. Seamount Financial Group Inc.’s holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund were worth $979,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DFP. Westside Investment Management Inc. bought a new position in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund during the fourth quarter valued at $33,000. Golden State Wealth Management LLC bought a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund during the 4th quarter valued at about $78,000. Northwestern Mutual Wealth Management Co. boosted its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 22.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,575 shares of the company’s stock valued at $126,000 after buying an additional 1,197 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Flaherty & Crumrine Dynamic Preferred and Income Fund during the fourth quarter worth about $154,000. Finally, Aviance Capital Partners LLC acquired a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund during the third quarter worth approximately $203,000.

Flaherty & Crumrine Dynamic Preferred and Income Fund Price Performance

Shares of DFP opened at $20.52 on Friday. Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. has a one year low of $17.78 and a one year high of $21.73. The business’s 50 day simple moving average is $20.32 and its 200-day simple moving average is $20.42.

Flaherty & Crumrine Dynamic Preferred and Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be paid a $0.1151 dividend. This represents a $1.38 dividend on an annualized basis and a yield of 6.73%. The ex-dividend date is Wednesday, April 23rd.

About Flaherty & Crumrine Dynamic Preferred and Income Fund

Flaherty & Crumrine Dynamic Preferred and 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 across the globe. It seeks to invest in stocks of companies operating across diversified sectors.