Golden State Wealth Management LLC purchased a new position in shares of Flaherty & Crumrine Dynmc Prf&Inm Fd Inc (NYSE:DFP) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 9,884 shares of the company’s stock, valued at approximately $235,000.

Other large investors have also modified their holdings of the company. Advisor Group Inc. boosted its stake in Flaherty & Crumrine Dynmc Prf&Inm Fd by 45.2% during the 4th quarter. Advisor Group Inc. now owns 1,814 shares of the company’s stock worth $37,000 after purchasing an additional 565 shares during the period. Citigroup Inc. boosted its stake in Flaherty & Crumrine Dynmc Prf&Inm Fd by 102.9% during the 1st quarter. Citigroup Inc. now owns 2,029 shares of the company’s stock worth $48,000 after purchasing an additional 1,029 shares during the period. Fifth Third Bancorp acquired a new stake in Flaherty & Crumrine Dynmc Prf&Inm Fd during the 1st quarter worth $58,000. Squar Milner Financial Services LLC acquired a new stake in Flaherty & Crumrine Dynmc Prf&Inm Fd during the 1st quarter worth $123,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in Flaherty & Crumrine Dynmc Prf&Inm Fd during the 1st quarter worth $126,000.

Shares of NYSE:DFP opened at $24.76 on Friday. Flaherty & Crumrine Dynmc Prf&Inm Fd Inc has a 1-year low of $19.05 and a 1-year high of $25.30.

The firm also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 21st will be paid a dividend of $0.143 per share. This represents a $1.72 dividend on an annualized basis and a yield of 6.93%. The ex-dividend date is Thursday, June 20th.

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Flaherty & Crumrine Dynmc Prf&Inm Fd Profile

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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Institutional Ownership by Quarter for Flaherty & Crumrine Dynmc Prf&Inm Fd (NYSE:DFP)

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