Wells Fargo & Company MN Acquires 6,470 Shares of Flaherty & Crumrine (FFC)

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.

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Flaherty & Crumrine Company Profile

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.

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Institutional Ownership by Quarter for Flaherty & Crumrine (NYSE:FFC)

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