DNP Select Income Fund Inc. (NYSE:DNP) Shares Purchased by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. boosted its stake in DNP Select Income Fund Inc. (NYSE:DNP) by 19.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,649 shares of the investment management company’s stock after acquiring an additional 4,723 shares during the period. Great Valley Advisor Group Inc.’s holdings in DNP Select Income Fund were worth $288,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Trust N.A. acquired a new position in DNP Select Income Fund in the 3rd quarter valued at about $158,000. Avior Wealth Management LLC acquired a new position in DNP Select Income Fund during the 3rd quarter worth approximately $567,000. Prospera Financial Services Inc increased its position in DNP Select Income Fund by 13.8% during the 3rd quarter. Prospera Financial Services Inc now owns 33,188 shares of the investment management company’s stock worth $333,000 after purchasing an additional 4,035 shares during the period. Thrivent Financial for Lutherans increased its position in DNP Select Income Fund by 350.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 135,695 shares of the investment management company’s stock worth $1,363,000 after purchasing an additional 105,547 shares during the period. Finally, OneDigital Investment Advisors LLC increased its position in DNP Select Income Fund by 11.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 12,508 shares of the investment management company’s stock worth $126,000 after purchasing an additional 1,263 shares during the period. Institutional investors and hedge funds own 8.51% of the company’s stock.

DNP Select Income Fund Trading Up 0.5 %

NYSE DNP opened at $9.65 on Thursday. The business’s 50 day moving average is $9.60 and its two-hundred day moving average is $9.09. DNP Select Income Fund Inc. has a 12-month low of $8.02 and a 12-month high of $10.04.

DNP Select Income Fund Announces Dividend

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

DNP Select Income Fund Company 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.