Fiera Capital Corp Trims Position in Flaherty & Crumrine Dynmc Prf&Inm Fd Inc (NYSE:DFP)

Fiera Capital Corp decreased its stake in shares of Flaherty & Crumrine Dynmc Prf&Inm Fd Inc (NYSE:DFP) by 20.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 10,454 shares of the company’s stock after selling 2,704 shares during the period. Fiera Capital Corp’s holdings in Flaherty & Crumrine Dynmc Prf&Inm Fd were worth $248,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cohen & Steers Inc. lifted its holdings in Flaherty & Crumrine Dynmc Prf&Inm Fd by 25.2% in the 4th quarter. Cohen & Steers Inc. now owns 283,849 shares of the company’s stock worth $5,782,000 after buying an additional 57,206 shares during the period. Raymond James & Associates lifted its stake in shares of Flaherty & Crumrine Dynmc Prf&Inm Fd by 14.2% in the 1st quarter. Raymond James & Associates now owns 350,306 shares of the company’s stock valued at $8,323,000 after purchasing an additional 43,619 shares during the period. RMB Capital Management LLC purchased a new position in shares of Flaherty & Crumrine Dynmc Prf&Inm Fd in the 4th quarter valued at approximately $545,000. Shaker Financial Services LLC purchased a new position in shares of Flaherty & Crumrine Dynmc Prf&Inm Fd in the 4th quarter valued at approximately $374,000. Finally, Cary Street Partner Investment Advisory LLC purchased a new position in shares of Flaherty & Crumrine Dynmc Prf&Inm Fd in the 4th quarter valued at approximately $279,000.

Shares of DFP traded up $0.20 on Friday, reaching $25.03. The stock had a trading volume of 87,650 shares, compared to its average volume of 59,108. The company’s 50-day moving average price is $24.34. Flaherty & Crumrine Dynmc Prf&Inm Fd Inc has a 12-month low of $19.05 and a 12-month high of $25.30.

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 21st were paid a dividend of $0.143 per share. This represents a $1.72 dividend on an annualized basis and a yield of 6.86%. The ex-dividend date of this dividend was Thursday, June 20th.

About Flaherty & Crumrine Dynmc Prf&Inm Fd

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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