Shares of DNP Select Income Fund Inc. (NYSE:DNP - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 556,104 shares traded hands during mid-day trading, a decline of 18% from the previous session's volume of 681,755 shares.The stock last traded at $9.36 and had previously closed at $9.50.
DNP Select Income Fund Stock Up 0.6 %
The business's 50 day moving average price is $9.22 and its 200-day moving average price is $9.39.
DNP Select Income Fund Dividend Announcement
The business also recently disclosed a dividend, which was paid on Monday, February 10th. Investors of record on Monday, February 3rd were given a $0.065 dividend. This represents a yield of 8.24%. The ex-dividend date of this dividend was Friday, January 31st.
Institutional Trading of DNP Select Income Fund
Institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN grew its holdings in shares of DNP Select Income Fund by 995.9% in the 4th quarter. Wells Fargo & Company MN now owns 1,578,766 shares of the investment management company's stock valued at $13,925,000 after buying an additional 1,434,708 shares during the period. Raymond James Financial Inc. bought a new stake in DNP Select Income Fund during the 4th quarter worth about $7,738,000. Kentucky Trust Co bought a new stake in DNP Select Income Fund during the 4th quarter worth about $5,598,000. Wolverine Asset Management LLC bought a new stake in DNP Select Income Fund during the 4th quarter worth about $2,915,000. Finally, IHT Wealth Management LLC lifted its position in DNP Select Income Fund by 257.6% during the 3rd quarter. IHT Wealth Management LLC now owns 425,789 shares of the investment management company's stock worth $4,275,000 after buying an additional 306,712 shares in the last quarter. Institutional investors and hedge funds own 8.51% of the company's stock.
About DNP Select Income Fund
(
Get 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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