DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF - Get Free Report) shares traded up 0.2% during trading on Friday . The company traded as high as $11.32 and last traded at $11.31. 11,325 shares were traded during trading, a decline of 22% from the average session volume of 14,511 shares. The stock had previously closed at $11.29.
DTF Tax-Free Income 2028 Term Fund Stock Up 0.2 %
The firm has a fifty day moving average price of $11.27 and a two-hundred day moving average price of $11.17.
DTF Tax-Free Income 2028 Term Fund Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a $0.0325 dividend. The ex-dividend date is Monday, December 16th. This represents a $0.39 dividend on an annualized basis and a yield of 3.45%.
Institutional Trading of DTF Tax-Free Income 2028 Term Fund
Several institutional investors and hedge funds have recently made changes to their positions in DTF. J.W. Cole Advisors Inc. purchased a new position in DTF Tax-Free Income 2028 Term Fund in the 3rd quarter worth about $138,000. Virtu Financial LLC purchased a new position in shares of DTF Tax-Free Income 2028 Term Fund during the third quarter worth approximately $207,000. Sanctuary Advisors LLC bought a new stake in shares of DTF Tax-Free Income 2028 Term Fund during the second quarter valued at approximately $216,000. Thrivent Financial for Lutherans purchased a new stake in shares of DTF Tax-Free Income 2028 Term Fund in the third quarter valued at approximately $308,000. Finally, Beverly Hills Private Wealth LLC grew its stake in DTF Tax-Free Income 2028 Term Fund by 105.2% in the second quarter. Beverly Hills Private Wealth LLC now owns 58,502 shares of the investment management company's stock worth $641,000 after purchasing an additional 29,990 shares in the last quarter. 43.81% of the stock is currently owned by institutional investors.
About DTF Tax-Free Income 2028 Term Fund
(
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DTF Tax-Free Income 2028 Term Fund Inc is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests primarily in a diversified portfolio of investment grade tax-exempt utility obligations. The fund invests in various sectors, such as water and sewer, electric utilities, prerefunded utilities, pollution control, and nonutilities.
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