Seamount Financial Group Inc. Reduces Position in Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC)

Seamount Financial Group Inc. lowered its position in Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) by 8.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,790 shares of the company’s stock after selling 1,888 shares during the period. Seamount Financial Group Inc.’s holdings in Flaherty & Crumrine Total Return Fund were worth $347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its holdings in Flaherty & Crumrine Total Return Fund by 11.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,636 shares of the company’s stock valued at $165,000 after acquiring an additional 1,100 shares during the period. Catalina Capital Group LLC bought a new stake in shares of Flaherty & Crumrine Total Return Fund during the third quarter worth $178,000. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Flaherty & Crumrine Total Return Fund during the fourth quarter valued at $278,000. HighTower Advisors LLC increased its stake in Flaherty & Crumrine Total Return Fund by 36.0% in the 3rd quarter. HighTower Advisors LLC now owns 21,042 shares of the company’s stock worth $363,000 after buying an additional 5,574 shares during the period. Finally, Kovitz Investment Group Partners LLC bought a new stake in Flaherty & Crumrine Total Return Fund during the 3rd quarter valued at about $980,000.

Flaherty & Crumrine Total Return Fund Price Performance

Flaherty & Crumrine Total Return Fund stock opened at $17.07 on Friday. The firm has a 50-day moving average of $16.81 and a two-hundred day moving average of $16.74. Flaherty & Crumrine Total Return Fund Inc. has a 1 year low of $14.51 and a 1 year high of $17.48.

Flaherty & Crumrine Total Return Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 23rd will be paid a $0.0937 dividend. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $1.12 annualized dividend and a yield of 6.59%.

About Flaherty & Crumrine Total Return Fund

Flaherty & Crumrine Total Return 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 of the United States. It seeks to invest in stocks of companies operating across utilities and banking sectors.