Tiemann Investment Advisors buys $1,364,564 stake in Flaherty&Crumrine Prfrd Scts Incm Fd Inc (FFC)

Flaherty&Crumrine Prfrd Scts Incm Fd Inc (FFC) : Tiemann Investment Advisors scooped up 16,950 additional shares in Flaherty&Crumrine Prfrd Scts Incm Fd Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 61,885 shares of Flaherty&Crumrine Prfrd Scts Incm Fd Inc which is valued at $1,364,564.Flaherty&Crumrine Prfrd Scts Incm Fd Inc makes up approximately 1.24% of Tiemann Investment Advisors’s portfolio.

Other Hedge Funds, Including , Raymond James Associates boosted its stake in FFC in the latest quarter, The investment management firm added 1,385 additional shares and now holds a total of 35,446 shares of Flaherty&Crumrine Prfrd Scts Incm Fd Inc which is valued at $781,584.Cetera Advisors reduced its stake in FFC by selling 5,000 shares or 24.72% in the most recent quarter. The Hedge Fund company now holds 15,230 shares of FFC which is valued at $335,822. Flaherty&Crumrine Prfrd Scts Incm Fd Inc makes up approx 0.03% of Cetera Advisors’s portfolio.Commonwealth Equity Services Inc boosted its stake in FFC in the latest quarter, The investment management firm added 23,786 additional shares and now holds a total of 201,292 shares of Flaherty&Crumrine Prfrd Scts Incm Fd Inc which is valued at $4,378,101. Flaherty&Crumrine Prfrd Scts Incm Fd Inc makes up approx 0.04% of Commonwealth Equity Services Inc’s portfolio.Advisory Services Network reduced its stake in FFC by selling 4,695 shares or 30.77% in the most recent quarter. The Hedge Fund company now holds 10,562 shares of FFC which is valued at $228,139. Flaherty&Crumrine Prfrd Scts Incm Fd Inc makes up approx 0.05% of Advisory Services Network’s portfolio.

Flaherty&Crumrine Prfrd Scts Incm Fd Inc (FFC) witnessed a volatile trading activity on Tuesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $22.1 and reached the intraday high at $22.1799. The bulls started the profit booking and pushed the shares to intraday low of $22.07. The trading session was marked by a volume range of 77,768 shares exchanging hands. The 52-week high of the shares is $22.25 and the 52-week low is $17.9151. The market cap of the company stands at $940 M and there are 4,26,02,000 shares in public circulation.

Flaherty & Crumrine Preferred Securities Income Fund Incorporated (the Fund) is a United States-based diversified closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. Its investment portfolio consists of preferred securities which include banking financial services insurance utilities energy real estate investment trust (REIT) and miscellaneous industries; corporate debt securities which include banking financial services insurance energy communication and miscellaneous industries; common stock including banking and insurance; money market fund and total investments. Flaherty & Crumrine Incorporated serves as the Fund’s investment adviser.

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Flaherty&Crumrine Prfrd Scts Incm Fd Inc - Is it time to Sell?

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