147,767 Shares in Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) Acquired by Noble Wealth Management PBC

Noble Wealth Management PBC purchased a new position in shares of Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 147,767 shares of the company’s stock, valued at approximately $2,468,000. Flaherty & Crumrine Total Return Fund comprises approximately 1.7% of Noble Wealth Management PBC’s portfolio, making the stock its 14th largest position.

A number of other large investors have also bought and sold shares of the business. Pathstone Holdings LLC grew its position in Flaherty & Crumrine Total Return Fund by 153.9% during the 3rd quarter. Pathstone Holdings LLC now owns 88,513 shares of the company’s stock worth $1,531,000 after acquiring an additional 53,648 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new stake in Flaherty & Crumrine Total Return Fund during the 3rd quarter worth approximately $980,000. HighTower Advisors LLC grew its position in Flaherty & Crumrine Total Return Fund by 36.0% during the 3rd quarter. HighTower Advisors LLC now owns 21,042 shares of the company’s stock worth $363,000 after acquiring an additional 5,574 shares during the last quarter. Hennion & Walsh Asset Management Inc. acquired a new position in Flaherty & Crumrine Total Return Fund during the 4th quarter worth $278,000. Finally, Catalina Capital Group LLC acquired a new position in Flaherty & Crumrine Total Return Fund during the 3rd quarter worth $178,000.

Flaherty & Crumrine Total Return Fund Stock Down 0.0 %

NYSE:FLC opened at $16.97 on Friday. The stock’s fifty day moving average price is $16.89 and its two-hundred day moving average price is $16.88. Flaherty & Crumrine Total Return Fund Inc. has a 52-week low of $14.51 and a 52-week high of $17.48.

Flaherty & Crumrine Total Return Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be issued a dividend of $0.0937 per share. This represents a $1.12 annualized dividend and a yield of 6.62%. The ex-dividend date is Wednesday, April 23rd.

Flaherty & Crumrine Total Return Fund Profile

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.