15,726 Shares in DNP Select Income Fund Inc. (NYSE:DNP) Acquired by Raymond James Trust N.A.

Raymond James Trust N.A. purchased a new stake in shares of DNP Select Income Fund Inc. (NYSE:DNP) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 15,726 shares of the investment management company’s stock, valued at approximately $158,000.

Other hedge funds have also modified their holdings of the company. B. Riley Wealth Advisors Inc. purchased a new position in shares of DNP Select Income Fund during the 1st quarter valued at $108,000. Comerica Bank boosted its stake in shares of DNP Select Income Fund by 3.7% in the first quarter. Comerica Bank now owns 36,781 shares of the investment management company’s stock worth $334,000 after acquiring an additional 1,311 shares during the period. Cetera Investment Advisers grew its position in shares of 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 worth $11,144,000 after purchasing an additional 1,045,691 shares in the last quarter. Cetera Advisors LLC raised its stake in DNP Select Income Fund by 7.3% during the 1st quarter. Cetera Advisors LLC now owns 518,936 shares of the investment management company’s stock valued at $4,707,000 after purchasing an additional 35,319 shares during the period. Finally, RDA Financial Network lifted its holdings in DNP Select Income Fund by 32.0% in the 2nd quarter. RDA Financial Network now owns 71,913 shares of the investment management company’s stock worth $591,000 after purchasing an additional 17,450 shares in the last quarter. 8.51% of the stock is currently owned by institutional investors.

DNP Select Income Fund Stock Up 0.5 %

Shares of DNP opened at $9.65 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 50 day simple moving average of $9.60 and a two-hundred day simple moving average of $9.10.

DNP Select Income Fund Dividend Announcement

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

About DNP Select Income Fund

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.