2,955 Shares in Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) Purchased by CoreCap Advisors LLC

Posted by Defense World Staff on Jun 1st, 2023

CoreCap Advisors LLC acquired a new position in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP – Get Rating) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,955 shares of the company’s stock, valued at approximately $55,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DFP. All Season Financial Advisors Inc. grew its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 3.1% in the 4th quarter. All Season Financial Advisors Inc. now owns 17,295 shares of the company’s stock valued at $324,000 after acquiring an additional 512 shares in the last quarter. Raymond James Trust N.A. grew its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 4.7% in the 1st quarter. Raymond James Trust N.A. now owns 12,478 shares of the company’s stock valued at $325,000 after acquiring an additional 558 shares in the last quarter. UBS Group AG grew its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 10.5% in the 3rd quarter. UBS Group AG now owns 10,942 shares of the company’s stock valued at $208,000 after acquiring an additional 1,041 shares in the last quarter. Centaurus Financial Inc. grew its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 3.9% in the 3rd quarter. Centaurus Financial Inc. now owns 33,782 shares of the company’s stock valued at $642,000 after acquiring an additional 1,270 shares in the last quarter. Finally, Belpointe Asset Management LLC acquired a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund in the 4th quarter valued at about $42,000.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Up 0.2 %

NYSE DFP opened at $17.27 on Thursday. The stock has a 50-day moving average of $17.36 and a two-hundred day moving average of $18.99. Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. has a 1-year low of $15.87 and a 1-year high of $23.88.

Flaherty & Crumrine Dynamic Preferred and Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, July 31st. Shareholders of record on Monday, July 24th will be given a $0.11 dividend. This represents a $1.32 annualized dividend and a yield of 7.64%. The ex-dividend date of this dividend is Friday, July 21st.

Flaherty & Crumrine Dynamic Preferred and Income Fund Company Profile

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Flaherty & Crumrine Dynamic Preferred & Income Fund, Inc is a diversified and closed-end management company. It invests in the portfolio of preferred and other income-producing securities. The firm aims to seek total return and to provide high income. The company was founded on October 10, 2012 and is headquartered in Pasadena, CA.