Nomura Holdings Inc. Takes Position in Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC)

Nomura Holdings Inc. acquired a new position in Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 13,460 shares of the financial services provider’s stock, valued at approximately $187,000.

Other large investors have also modified their holdings of the company. Virtu Financial LLC bought a new position in Flaherty & Crumrine Preferred Securities Income Fund in the 4th quarter worth about $297,000. Flow State Investments L.P. grew its holdings in Flaherty & Crumrine Preferred Securities Income Fund by 152.8% in the 4th quarter. Flow State Investments L.P. now owns 40,646 shares of the financial services provider’s stock worth $565,000 after buying an additional 24,566 shares in the last quarter. MGO One Seven LLC increased its position in Flaherty & Crumrine Preferred Securities Income Fund by 843.3% in the 4th quarter. MGO One Seven LLC now owns 206,261 shares of the financial services provider’s stock valued at $2,867,000 after acquiring an additional 184,394 shares during the period. Connectus Wealth LLC acquired a new stake in Flaherty & Crumrine Preferred Securities Income Fund in the 4th quarter valued at approximately $1,414,000. Finally, 1607 Capital Partners LLC boosted its position in Flaherty & Crumrine Preferred Securities Income Fund by 20.2% during the 4th quarter. 1607 Capital Partners LLC now owns 29,700 shares of the financial services provider’s stock worth $413,000 after acquiring an additional 5,000 shares during the period.

Flaherty & Crumrine Preferred Securities Income Fund Price Performance

NYSE:FFC opened at $14.38 on Monday. Flaherty & Crumrine Preferred Securities Income Fund Inc. has a 1 year low of $11.90 and a 1 year high of $14.96. The business has a fifty day moving average of $14.40 and a 200-day moving average of $14.33.

Flaherty & Crumrine Preferred Securities Income Fund Increases Dividend

The business also recently announced a dividend, which was paid on Friday, May 31st. Investors of record on Thursday, May 23rd were given a $0.088 dividend. This represents a yield of 7.19%. The ex-dividend date of this dividend was Wednesday, May 22nd. This is a positive change from Flaherty & Crumrine Preferred Securities Income Fund’s previous dividend of $0.08.

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.