Concurrent Investment Advisors LLC Increases Stake in Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. $DFP

Concurrent Investment Advisors LLC lifted its stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) by 2.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,062 shares of the company’s stock after buying an additional 544 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund were worth $556,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC purchased a new stake in Flaherty & Crumrine Dynamic Preferred and Income Fund in the first quarter worth about $51,000. AdvisorNet Financial Inc purchased a new stake in Flaherty & Crumrine Dynamic Preferred and Income Fund in the second quarter worth about $87,000. Wolverine Asset Management LLC grew its holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund by 499.1% in the first quarter. Wolverine Asset Management LLC now owns 5,158 shares of the company’s stock worth $104,000 after purchasing an additional 4,297 shares during the period. Golden State Wealth Management LLC grew its holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund by 103.3% in the first quarter. Golden State Wealth Management LLC now owns 7,990 shares of the company’s stock worth $162,000 after purchasing an additional 4,059 shares during the period. Finally, Abel Hall LLC purchased a new stake in Flaherty & Crumrine Dynamic Preferred and Income Fund in the second quarter worth about $216,000.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Performance

Shares of DFP opened at $21.52 on Friday. Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. has a fifty-two week low of $18.20 and a fifty-two week high of $22.11. The firm’s 50-day simple moving average is $21.37 and its two-hundred day simple moving average is $20.56.

Flaherty & Crumrine Dynamic Preferred and Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 23rd were issued a $0.1186 dividend. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date was Tuesday, September 23rd.

Flaherty & Crumrine Dynamic Preferred and Income Fund Company 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.