Ceera Investments LLC Purchases Shares of 23,170 Flaherty & Crumrine Total Return Fund Inc. $FLC

Ceera Investments LLC bought a new position in Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 23,170 shares of the company’s stock, valued at approximately $394,000.

A number of other institutional investors also recently bought and sold shares of the company. Wolverine Asset Management LLC bought a new stake in Flaherty & Crumrine Total Return Fund during the 1st quarter valued at approximately $25,000. Mallini Complete Financial Planning LLC raised its position in shares of Flaherty & Crumrine Total Return Fund by 5.2% in the 2nd quarter. Mallini Complete Financial Planning LLC now owns 18,073 shares of the company’s stock worth $307,000 after acquiring an additional 888 shares in the last quarter. Baird Financial Group Inc. purchased a new stake in shares of Flaherty & Crumrine Total Return Fund in the first quarter worth about $337,000. Kovack Advisors Inc. acquired a new position in Flaherty & Crumrine Total Return Fund in the 2nd quarter worth about $360,000. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Flaherty & Crumrine Total Return Fund in the first quarter valued at approximately $379,000.

Flaherty & Crumrine Total Return Fund Stock Up 0.4%

NYSE:FLC opened at $17.68 on Monday. Flaherty & Crumrine Total Return Fund Inc. has a one year low of $14.80 and a one year high of $17.93. The stock has a 50 day moving average price of $17.62 and a 200 day moving average price of $17.08.

Flaherty & Crumrine Total Return Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Thursday, November 20th will be given a $0.10 dividend. The ex-dividend date is Thursday, November 20th. This is a positive change from Flaherty & Crumrine Total Return Fund’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a yield of 6.8%.

Flaherty & Crumrine Total Return Fund Company Profile

Flaherty & Crumrine Total Return 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 stocks of companies operating across utilities and banking sectors.