D.A. Davidson & CO. Has $1.81 Million Stock Holdings in DNP Select Income Fund Inc. (NYSE:DNP)

D.A. Davidson & CO. decreased its position in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 3.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 179,881 shares of the investment management company’s stock after selling 5,762 shares during the period. D.A. Davidson & CO. owned 0.05% of DNP Select Income Fund worth $1,806,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of DNP Select Income Fund by 4.1% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,292,204 shares of the investment management company’s stock valued at $12,974,000 after buying an additional 50,425 shares during the last quarter. Cetera Investment Advisers raised its position in DNP Select Income Fund by 571.5% during the first quarter. Cetera Investment Advisers now owns 1,228,662 shares of the investment management company’s stock valued at $11,144,000 after acquiring an additional 1,045,691 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in DNP Select Income Fund by 7.7% in the second quarter. Commonwealth Equity Services LLC now owns 1,036,658 shares of the investment management company’s stock valued at $8,521,000 after acquiring an additional 74,012 shares during the last quarter. Apollon Wealth Management LLC grew its position in DNP Select Income Fund by 2.9% in the third quarter. Apollon Wealth Management LLC now owns 853,015 shares of the investment management company’s stock worth $8,564,000 after acquiring an additional 23,781 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its stake in shares of DNP Select Income Fund by 43.4% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 621,270 shares of the investment management company’s stock worth $6,238,000 after purchasing an additional 187,939 shares during the last quarter. Hedge funds and other institutional investors own 8.51% of the company’s stock.

DNP Select Income Fund Stock Up 0.3 %

DNP stock opened at $9.61 on Friday. DNP Select Income Fund Inc. has a 1 year low of $8.02 and a 1 year high of $10.04. The company has a fifty day simple moving average of $9.59 and a 200 day simple moving average of $9.10.

DNP Select Income Fund Dividend Announcement

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

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.