28,374 Shares in DNP Select Income Fund Inc. (NYSE:DNP) Acquired by Blackston Financial Advisory Group LLC

Blackston Financial Advisory Group LLC acquired a new position in DNP Select Income Fund Inc. (NYSE:DNP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 28,374 shares of the investment management company’s stock, valued at approximately $241,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Northern Trust Corp lifted its holdings in shares of DNP Select Income Fund by 0.8% during the 2nd quarter. Northern Trust Corp now owns 141,959 shares of the investment management company’s stock valued at $1,539,000 after purchasing an additional 1,100 shares during the last quarter. IFP Advisors Inc increased its position in shares of DNP Select Income Fund by 2.5% in the 3rd quarter. IFP Advisors Inc now owns 49,594 shares of the investment management company’s stock valued at $472,000 after acquiring an additional 1,200 shares during the period. Investment Partners LTD. increased its position in shares of DNP Select Income Fund by 2.8% in the 3rd quarter. Investment Partners LTD. now owns 46,026 shares of the investment management company’s stock valued at $438,000 after acquiring an additional 1,260 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of DNP Select Income Fund by 10.9% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 13,445 shares of the investment management company’s stock valued at $141,000 after acquiring an additional 1,323 shares during the period. Finally, Equitable Holdings Inc. increased its position in shares of DNP Select Income Fund by 2.9% in the 4th quarter. Equitable Holdings Inc. now owns 48,245 shares of the investment management company’s stock valued at $543,000 after acquiring an additional 1,340 shares during the period. Institutional investors own 8.51% of the company’s stock.

DNP Select Income Fund Price Performance

NYSE DNP opened at $9.08 on Thursday. The stock’s fifty day moving average price is $8.84 and its 200 day moving average price is $9.03. DNP Select Income Fund Inc. has a 1 year low of $8.09 and a 1 year high of $11.18.

DNP Select Income Fund Dividend Announcement

The business also recently declared a — dividend, which will be paid on Wednesday, July 10th. Shareholders of record on Friday, June 28th will be given a dividend of $0.065 per share. This represents a yield of 8.6%. The ex-dividend date is Friday, June 28th.

DNP Select Income Fund 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.