Avior Wealth Management LLC acquired a new stake in DNP Select Income Fund Inc. (NYSE:DNP - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 56,433 shares of the investment management company's stock, valued at approximately $567,000.
Several other large investors also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in DNP Select Income Fund during the 3rd quarter valued at approximately $44,000. EdgeRock Capital LLC purchased a new stake in shares of DNP Select Income Fund in the 2nd quarter valued at $49,000. Future Financial Wealth Managment LLC purchased a new stake in shares of DNP Select Income Fund in the 3rd quarter valued at $50,000. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of DNP Select Income Fund by 13.5% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 9,647 shares of the investment management company's stock valued at $79,000 after acquiring an additional 1,150 shares during the last quarter. Finally, Saxon Interests Inc. purchased a new stake in shares of DNP Select Income Fund in the 2nd quarter valued at $82,000. 8.51% of the stock is owned by hedge funds and other institutional investors.
DNP Select Income Fund Stock Up 0.2 %
Shares of DNP stock traded up $0.02 during trading hours on Friday, hitting $9.47. The company's stock had a trading volume of 415,480 shares, compared to its average volume of 655,177. The company has a 50 day moving average of $9.62 and a 200 day moving average of $9.08. DNP Select Income Fund Inc. has a 12-month low of $8.02 and a 12-month high of $10.04.
DNP Select Income Fund Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Tuesday, November 12th. Stockholders of record on Friday, November 1st were issued a $0.065 dividend. This represents a dividend yield of 8.15%. The ex-dividend date was Thursday, October 31st.
About DNP Select Income Fund
(
Free Report)
DNP Select Income Fund Inc is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds.
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