Thrivent Financial for Lutherans increased its holdings in shares of DNP Select Income Fund Inc. (NYSE:DNP - Free Report) by 350.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 135,695 shares of the investment management company's stock after acquiring an additional 105,547 shares during the quarter. Thrivent Financial for Lutherans' holdings in DNP Select Income Fund were worth $1,363,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in DNP. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in DNP Select Income Fund during the third quarter worth about $44,000. EdgeRock Capital LLC acquired a new stake in shares of DNP Select Income Fund during the 2nd quarter worth approximately $49,000. Future Financial Wealth Managment LLC purchased a new stake in shares of DNP Select Income Fund during the 3rd quarter valued at approximately $50,000. Benjamin F. Edwards & Company Inc. lifted its holdings in DNP Select Income Fund by 13.5% in the second 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. acquired a new position in DNP Select Income Fund in the second quarter valued at approximately $82,000. 8.51% of the stock is currently owned by hedge funds and other institutional investors.
DNP Select Income Fund Price Performance
Shares of DNP Select Income Fund stock traded up $0.02 on Friday, reaching $9.61. The company had a trading volume of 258,261 shares, compared to its average volume of 551,000. The firm's 50 day moving average price is $9.59 and its two-hundred day moving average price is $9.11. DNP Select Income Fund Inc. has a 52-week low of $8.02 and a 52-week high of $10.04.
DNP Select Income Fund Dividend Announcement
The company also recently declared a dividend, which was paid on Tuesday, November 12th. Shareholders of record on Friday, November 1st were paid a dividend of $0.065 per share. This represents a yield of 8.15%. The ex-dividend date of this dividend was Thursday, October 31st.
DNP Select Income Fund 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.
Recommended Stories
Before you consider DNP Select Income Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DNP Select Income Fund wasn't on the list.
While DNP Select Income Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
