Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) Shares Sold by CoreCap Advisors LLC

CoreCap Advisors LLC lowered its stake in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) by 32.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 5,325 shares of the investment management company’s stock after selling 2,600 shares during the quarter. CoreCap Advisors LLC’s holdings in Duff & Phelps Utility and Infrastructure Fund were worth $62,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. First Trust Advisors LP acquired a new stake in Duff & Phelps Utility and Infrastructure Fund in the 4th quarter valued at $426,000. Guggenheim Capital LLC grew its stake in Duff & Phelps Utility and Infrastructure Fund by 63.7% in the 4th quarter. Guggenheim Capital LLC now owns 50,700 shares of the investment management company’s stock valued at $593,000 after acquiring an additional 19,725 shares during the period. Walleye Capital LLC grew its stake in Duff & Phelps Utility and Infrastructure Fund by 30.5% in the 4th quarter. Walleye Capital LLC now owns 19,025 shares of the investment management company’s stock valued at $222,000 after acquiring an additional 4,449 shares during the period. Concorde Asset Management LLC grew its stake in Duff & Phelps Utility and Infrastructure Fund by 13.2% in the 4th quarter. Concorde Asset Management LLC now owns 43,600 shares of the investment management company’s stock valued at $510,000 after acquiring an additional 5,100 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Duff & Phelps Utility and Infrastructure Fund in the 4th quarter valued at $5,638,000.

Duff & Phelps Utility and Infrastructure Fund Stock Performance

Shares of DPG stock opened at $12.01 on Wednesday. The stock’s fifty day moving average is $11.92 and its two-hundred day moving average is $11.84. Duff & Phelps Utility and Infrastructure Fund Inc. has a fifty-two week low of $9.48 and a fifty-two week high of $12.50.

Duff & Phelps Utility and Infrastructure Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, May 12th. Shareholders of record on Wednesday, April 30th were issued a $0.07 dividend. The ex-dividend date was Wednesday, April 30th.

Duff & Phelps Utility and Infrastructure Fund 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.