Home Hedge Funds International Assets Investment Management LLC Acquires Shares of 147,822 Flaherty & Crumrine...

International Assets Investment Management LLC Acquires Shares of 147,822 Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP)

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International Assets Investment Management LLC bought a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFPFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 147,822 shares of the company’s stock, valued at approximately $2,624,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. McGlone Suttner Wealth Management Inc. purchased a new stake in Flaherty & Crumrine Dynamic Preferred and Income Fund during the 4th quarter valued at about $63,000. Shaker Financial Services LLC purchased a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund during the third quarter valued at approximately $308,000. Samalin Investment Counsel LLC increased its position in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund by 58.9% during the third quarter. Samalin Investment Counsel LLC now owns 23,167 shares of the company’s stock valued at $389,000 after acquiring an additional 8,585 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund by 179.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 27,945 shares of the company’s stock worth $469,000 after acquiring an additional 17,945 shares during the last quarter. Finally, All Season Financial Advisors Inc. lifted its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 71.4% in the 4th quarter. All Season Financial Advisors Inc. now owns 31,303 shares of the company’s stock valued at $556,000 after acquiring an additional 13,045 shares in the last quarter.

Flaherty & Crumrine Dynamic Preferred and Income Fund Price Performance

Flaherty & Crumrine Dynamic Preferred and Income Fund stock opened at $18.60 on Friday. Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. has a 12 month low of $15.45 and a 12 month high of $19.31. The stock has a fifty day simple moving average of $18.62 and a two-hundred day simple moving average of $18.08.

Flaherty & Crumrine Dynamic Preferred and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 23rd will be paid a dividend of $0.1107 per share. This represents a $1.33 annualized dividend and a yield of 7.14%. The ex-dividend date of this dividend is Wednesday, May 22nd.

Flaherty & Crumrine Dynamic Preferred and Income Fund Profile

(Free Report)

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.

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Want to see what other hedge funds are holding DFP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFPFree Report).

Institutional Ownership by Quarter for Flaherty & Crumrine Dynamic Preferred and Income Fund (NYSE:DFP)



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