Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC grew its stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) by 11.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 18,250 shares of the company’s stock after acquiring an additional 1,918 shares during the period. Concurrent Investment Advisors LLC’s holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund were worth $364,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of DFP. International Assets Investment Management LLC lifted its position in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund by 2,050.0% during the 3rd quarter. International Assets Investment Management LLC now owns 179,052 shares of the company’s stock valued at $3,850,000 after acquiring an additional 170,724 shares during the last quarter. Hennion & Walsh Asset Management Inc. acquired a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund during the 3rd quarter valued at $413,000. Aviance Capital Partners LLC acquired a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund during the 3rd quarter valued at $203,000. HighTower Advisors LLC lifted its position in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund by 15.7% during the 3rd quarter. HighTower Advisors LLC now owns 29,542 shares of the company’s stock valued at $635,000 after acquiring an additional 3,999 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC acquired a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund during the 3rd quarter valued at $4,911,000.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Performance

DFP opened at $20.43 on Tuesday. The stock has a fifty day moving average of $20.31 and a 200-day moving average of $20.52. Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. has a 12-month low of $17.78 and a 12-month high of $21.73.

Flaherty & Crumrine Dynamic Preferred and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd will be issued a $0.1151 dividend. The ex-dividend date is Wednesday, April 23rd. This represents a $1.38 dividend on an annualized basis and a dividend yield of 6.76%.

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.