International Assets Investment Management LLC Makes New Investment in Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP)

International Assets Investment Management LLC acquired a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 147,822 shares of the company’s stock, valued at approximately $2,624,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. All Season Financial Advisors Inc. raised its stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund by 71.4% in the fourth quarter. All Season Financial Advisors Inc. now owns 31,303 shares of the company’s stock worth $556,000 after purchasing an additional 13,045 shares during the last quarter. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund in the fourth quarter worth approximately $63,000. Comerica Bank purchased a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund in the third quarter worth approximately $42,000. Revisor Wealth Management LLC purchased a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund in the third quarter worth approximately $936,000. Finally, Royal Bank of Canada raised its stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund by 55.1% in the third quarter. Royal Bank of Canada now owns 19,793 shares of the company’s stock worth $332,000 after purchasing an additional 7,031 shares during the last quarter.

Flaherty & Crumrine Dynamic Preferred and Income Fund Price Performance

Shares of Flaherty & Crumrine Dynamic Preferred and Income Fund stock opened at $18.03 on Friday. Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. has a 52 week low of $15.45 and a 52 week high of $19.31. The business has a 50 day moving average price of $18.69 and a 200-day moving average price of $17.80.

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.