Moors & Cabot Inc. Invests $253,000 in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG)

Moors & Cabot Inc. acquired a new position in shares of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 25,750 shares of the investment management company’s stock, valued at approximately $253,000.

Several other large investors have also modified their holdings of DPG. Blue Bell Private Wealth Management LLC increased its position in Duff & Phelps Utility and Infrastructure Fund by 270.3% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 9,998 shares of the investment management company’s stock worth $98,000 after purchasing an additional 7,298 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Duff & Phelps Utility and Infrastructure Fund by 323.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 10,962 shares of the investment management company’s stock worth $101,000 after purchasing an additional 8,372 shares in the last quarter. Cetera Advisors LLC increased its position in Duff & Phelps Utility and Infrastructure Fund by 15.7% during the 1st quarter. Cetera Advisors LLC now owns 11,616 shares of the investment management company’s stock worth $111,000 after purchasing an additional 1,573 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in Duff & Phelps Utility and Infrastructure Fund during the 4th quarter worth approximately $122,000. Finally, Focus Financial Network Inc. ADV acquired a new stake in Duff & Phelps Utility and Infrastructure Fund during the 4th quarter worth approximately $167,000.

Duff & Phelps Utility and Infrastructure Fund Stock Up 0.2 %

Shares of NYSE:DPG opened at $11.51 on Friday. Duff & Phelps Utility and Infrastructure Fund Inc. has a 52-week low of $7.90 and a 52-week high of $11.68. The company has a 50 day moving average of $10.83 and a two-hundred day moving average of $10.03.

Duff & Phelps Utility and Infrastructure Fund Company Profile

Duff & Phelps Utility and Infrastructure Fund Inc is a closed-ended equity mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests in the public equity markets across the globe. The fund seeks to invest in the companies operating in utility sector.