Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) Shares Purchased by Atomi Financial Group Inc.

Atomi Financial Group Inc. boosted its holdings in Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) by 136.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 66,025 shares of the financial services provider’s stock after buying an additional 38,125 shares during the period. Atomi Financial Group Inc.’s holdings in Flaherty & Crumrine Preferred Securities Income Fund were worth $1,025,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FFC. Envestnet Asset Management Inc. increased its holdings in shares of Flaherty & Crumrine Preferred Securities Income Fund by 20.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 169,978 shares of the financial services provider’s stock worth $2,514,000 after buying an additional 28,492 shares during the last quarter. Thrivent Financial for Lutherans grew its position in Flaherty & Crumrine Preferred Securities Income Fund by 5.3% during the second quarter. Thrivent Financial for Lutherans now owns 45,483 shares of the financial services provider’s stock valued at $673,000 after acquiring an additional 2,295 shares during the period. Logan Stone Capital LLC acquired a new stake in Flaherty & Crumrine Preferred Securities Income Fund during the second quarter worth about $462,000. Strategies Wealth Advisors LLC purchased a new position in shares of Flaherty & Crumrine Preferred Securities Income Fund in the 3rd quarter worth about $973,000. Finally, Sage Capital Advisors llc lifted its stake in shares of Flaherty & Crumrine Preferred Securities Income Fund by 3.9% in the 3rd quarter. Sage Capital Advisors llc now owns 27,168 shares of the financial services provider’s stock valued at $446,000 after purchasing an additional 1,025 shares in the last quarter.

Flaherty & Crumrine Preferred Securities Income Fund Price Performance

FFC opened at $15.98 on Thursday. Flaherty & Crumrine Preferred Securities Income Fund Inc. has a 1 year low of $13.72 and a 1 year high of $16.74. The firm has a 50 day moving average price of $15.75 and a 200 day moving average price of $15.73.

Flaherty & Crumrine Preferred Securities Income Fund Cuts Dividend

The firm also recently disclosed a — dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 24th will be given a $0.0325 dividend. This represents a dividend yield of 6.9%. The ex-dividend date is Friday, January 24th.

Flaherty & Crumrine Preferred Securities Income Fund Company 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.