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IHT Wealth Management LLC Has $4.28 Million Stake in DNP Select Income Fund Inc. (NYSE:DNP)

DNP Select Income Fund logo with Finance background

IHT Wealth Management LLC boosted its position in shares of DNP Select Income Fund Inc. (NYSE:DNP - Free Report) by 257.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 425,789 shares of the investment management company's stock after purchasing an additional 306,712 shares during the period. IHT Wealth Management LLC owned about 0.12% of DNP Select Income Fund worth $4,275,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of DNP Select Income Fund in the 3rd quarter valued at about $44,000. EdgeRock Capital LLC bought a new position in DNP Select Income Fund during the second quarter worth about $49,000. Future Financial Wealth Managment LLC bought a new position in DNP Select Income Fund during the third quarter worth about $50,000. Larson Financial Group LLC bought a new position in DNP Select Income Fund during the third quarter worth about $54,000. Finally, Benjamin F. Edwards & Company Inc. grew its holdings in DNP Select Income Fund by 13.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,647 shares of the investment management company's stock worth $79,000 after purchasing an additional 1,150 shares during the period. Institutional investors own 8.51% of the company's stock.

DNP Select Income Fund Trading Up 0.5 %

DNP Select Income Fund stock traded up $0.05 during midday trading on Wednesday, reaching $9.54. 807,979 shares of the company's stock were exchanged, compared to its average volume of 652,092. DNP Select Income Fund Inc. has a 52 week low of $8.02 and a 52 week high of $10.04. The stock's 50-day simple moving average is $9.57 and its 200 day simple moving average is $9.12.

DNP Select Income Fund Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, November 12th. Shareholders of record on Friday, November 1st were given a dividend of $0.065 per share. The ex-dividend date was Thursday, October 31st. This represents a yield of 8.15%.

DNP Select Income Fund Company Profile

(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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Institutional Ownership by Quarter for DNP Select Income Fund (NYSE:DNP)

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