Consolidated Portfolio Review Corp Sells 29,012 Shares of Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO)

Consolidated Portfolio Review Corp decreased its stake in shares of Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO) by 32.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 59,058 shares of the company’s stock after selling 29,012 shares during the period. Consolidated Portfolio Review Corp’s holdings in Flaherty & Crumrine Preferred Income Opportunity Fund were worth $532,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. acquired a new stake in Flaherty & Crumrine Preferred Income Opportunity Fund during the second quarter worth approximately $47,000. Jag Capital Management LLC bought a new stake in shares of Flaherty & Crumrine Preferred Income Opportunity Fund during the 3rd quarter valued at $120,000. Finally, Napa Wealth Management grew its holdings in shares of Flaherty & Crumrine Preferred Income Opportunity Fund by 21.6% during the 3rd quarter. Napa Wealth Management now owns 97,047 shares of the company’s stock worth $913,000 after purchasing an additional 17,255 shares in the last quarter. Institutional investors and hedge funds own 12.90% of the company’s stock.

Flaherty & Crumrine Preferred Income Opportunity Fund Stock Performance

Shares of NYSE PFO opened at $9.23 on Friday. Flaherty & Crumrine Preferred Income Opportunity Fund Inc. has a 52 week low of $7.89 and a 52 week high of $9.54. The stock’s fifty day moving average is $9.11 and its 200 day moving average is $9.10.

Flaherty & Crumrine Preferred Income Opportunity Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd will be given a $0.0505 dividend. This represents a $0.61 annualized dividend and a dividend yield of 6.57%. The ex-dividend date of this dividend is Wednesday, April 23rd.

Flaherty & Crumrine Preferred Income Opportunity Fund Company Profile

Flaherty & Crumrine Preferred Income Opportunity Fund Inc is a closed ended equity mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the financial services sector.