Wolverine Asset Management LLC Buys 23,939 Shares of Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. $DFP

Wolverine Asset Management LLC raised its holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) by 464.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 29,097 shares of the company’s stock after purchasing an additional 23,939 shares during the quarter. Wolverine Asset Management LLC’s holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund were worth $597,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 68,780 shares of the company’s stock valued at $1,412,000 after purchasing an additional 1,086 shares during the last quarter. Whipplewood Advisors LLC raised its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 2,791.8% in the 2nd quarter. Whipplewood Advisors LLC now owns 93,985 shares of the company’s stock valued at $1,930,000 after purchasing an additional 90,735 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 2.1% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 27,062 shares of the company’s stock valued at $556,000 after purchasing an additional 544 shares during the last quarter. Abel Hall LLC bought a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund in the 2nd quarter valued at $216,000. Finally, Catalina Capital Group LLC bought a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund in the 2nd quarter valued at $286,000.

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

Shares of DFP opened at $21.73 on Monday. The stock has a fifty day moving average price of $21.50 and a two-hundred day moving average price of $20.76. Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. has a 52-week low of $18.20 and a 52-week high of $22.11.

Flaherty & Crumrine Dynamic Preferred and Income Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Thursday, November 20th will be given a $0.1223 dividend. This represents a c) annualized dividend and a yield of 6.8%. The ex-dividend date is Thursday, November 20th. This is a positive change from Flaherty & Crumrine Dynamic Preferred and Income Fund’s previous monthly dividend of $0.12.

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.