Concurrent Investment Advisors LLC Boosts Stock Holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. $DFP

Concurrent Investment Advisors LLC grew its position in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) by 2.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 27,062 shares of the company’s stock after purchasing an additional 544 shares during the period. Concurrent Investment Advisors LLC’s holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund were worth $556,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Abel Hall LLC purchased a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund during the second quarter valued at approximately $216,000. Catalina Capital Group LLC purchased a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund during the second quarter valued at approximately $286,000. AdvisorNet Financial Inc purchased a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund during the second quarter valued at approximately $87,000. Strategic Advocates LLC lifted its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 8.4% during the second quarter. Strategic Advocates LLC now owns 43,960 shares of the company’s stock valued at $902,000 after purchasing an additional 3,394 shares during the period. Finally, Smith Asset Management Co. LLC bought a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund during the first quarter valued at approximately $1,985,000.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Performance

Shares of Flaherty & Crumrine Dynamic Preferred and Income Fund stock opened at $21.52 on Friday. The company’s 50 day moving average is $21.37 and its 200 day moving average is $20.56. Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. has a twelve month low of $18.20 and a twelve month high of $22.11.

Flaherty & Crumrine Dynamic Preferred and Income Fund Dividend Announcement

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

Flaherty & Crumrine Dynamic Preferred and Income Fund 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.