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2023-03-31 20:12
Roman Butler Fullerton & Co. acquired a new position in shares of DNP Select Income Fund Inc. (NYSE:DNP – Get Rating) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 19,361 shares of the investment management company's stock, valued at approximately $225,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Oliver Lagore Vanvalin Investment Group purchased a new position in DNP Select Income Fund in the 2nd quarter worth approximately $26,000. Jones Financial Companies Lllp purchased a new position in DNP Select Income Fund in the third quarter worth $27,000. Romano Brothers AND Company purchased a new stake in DNP Select Income Fund during the fourth quarter valued at about $45,000. Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new stake in shares of DNP Select Income Fund in the 1st quarter worth approximately $49,000. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of DNP Select Income Fund by 461.4% in the third quarter. Rockefeller Capital Management L.P. now owns 5,305 shares of the investment management company's stock worth $54,000 after buying an additional 4,360 shares during the period. Hedge funds and other institutional investors own 7.75% of the company's stock.
Get DNP Select Income Fund alerts:DNP opened at $10.98 on Friday. DNP Select Income Fund Inc. has a 1 year low of $9.83 and a 1 year high of $12.00. The stock's 50 day simple moving average is $11.36 and its 200 day simple moving average is $11.13.
The company also recently declared a monthly dividend, which will be paid on Monday, July 10th. Shareholders of record on Friday, June 30th will be issued a $0.065 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 7.10%. The ex-dividend date of this dividend is Thursday, June 29th.
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DNP Select Income Fund, Inc is a closed-end investment fund. Its investment objectives are current income, long-term growth of income and capital appreciation by investing primarily in a portfolio of equity and fixed income securities of companies in the public utilities industry. the company was founded on January 21, 1986 and is headquartered in Chicago, IL.
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