Sigma Planning Corp Cuts Position in DNP Select Income Fund Inc. (NYSE:DNP)

Sigma Planning Corp decreased its position in DNP Select Income Fund Inc. (NYSE:DNP) by 2.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,885 shares of the investment management company’s stock after selling 1,285 shares during the quarter. Sigma Planning Corp’s holdings in DNP Select Income Fund were worth $531,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of DNP Select Income Fund during the third quarter worth $44,000. Future Financial Wealth Managment LLC purchased a new stake in shares of DNP Select Income Fund during the third quarter worth $50,000. EdgeRock Capital LLC purchased a new stake in shares of DNP Select Income Fund during the second quarter worth $49,000. Benjamin F. Edwards & Company Inc. increased its position in shares of 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 acquiring an additional 1,150 shares during the period. Finally, Saxon Interests Inc. purchased a new stake in shares of DNP Select Income Fund during the second quarter worth $82,000. Hedge funds and other institutional investors own 8.51% of the company’s stock.

DNP Select Income Fund Stock Down 0.9 %

DNP Select Income Fund stock opened at $9.26 on Friday. DNP Select Income Fund Inc. has a twelve month low of $8.02 and a twelve month high of $10.04. The stock’s fifty day simple moving average is $9.65 and its 200-day simple moving average is $9.05.

DNP Select Income Fund Dividend Announcement

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

DNP Select Income Fund Company Profile

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.