Wells Fargo & Company MN grew its holdings in shares of Flaherty & Crumrine (NYSE:FFC) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 242,209 shares of the financial services provider’s stock after purchasing an additional 6,470 shares during the quarter. Wells Fargo & Company MN owned approximately 0.55% of Flaherty & Crumrine worth $4,956,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in FFC. Ameriprise Financial Inc. boosted its stake in Flaherty & Crumrine by 13.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 142,198 shares of the financial services provider’s stock worth $3,043,000 after purchasing an additional 17,075 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Flaherty & Crumrine during the 3rd quarter worth $373,000. BB&T Securities LLC boosted its stake in Flaherty & Crumrine by 22.1% during the 3rd quarter. BB&T Securities LLC now owns 79,061 shares of the financial services provider’s stock worth $1,691,000 after purchasing an additional 14,307 shares during the last quarter. SeaCrest Wealth Management LLC acquired a new stake in Flaherty & Crumrine during the 4th quarter worth $169,000. Finally, Claraphi Advisory Network LLC acquired a new stake in Flaherty & Crumrine during the 4th quarter worth $230,000.
Shares of FFC opened at $19.00 on Monday. Flaherty & Crumrine has a 52-week low of $18.35 and a 52-week high of $22.44.
Flaherty & Crumrine Preferred Securities Income Fund Incorporated is a diversified, closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests in a portfolio of preferred securities, such as taxable preferred securities and preferred stocks.
Want to see what other hedge funds are holding FFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Flaherty & Crumrine (NYSE:FFC).
Receive News & Ratings for Flaherty & Crumrine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flaherty & Crumrine and related companies with MarketBeat.com's FREE daily email newsletter.