Dakota Wealth Management Takes Position in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG)

Dakota Wealth Management bought a new stake in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,410 shares of the investment management company’s stock, valued at approximately $133,000.

Several other institutional investors have also recently bought and sold shares of DPG. B. Riley Wealth Advisors Inc. raised its position in Duff & Phelps Utility and Infrastructure Fund by 28.9% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 32,715 shares of the investment management company’s stock worth $322,000 after purchasing an additional 7,327 shares during the last quarter. Consolidated Portfolio Review Corp raised its position in Duff & Phelps Utility and Infrastructure Fund by 7.0% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 259,100 shares of the investment management company’s stock worth $3,042,000 after purchasing an additional 16,961 shares during the last quarter. J.W. Cole Advisors Inc. raised its position in Duff & Phelps Utility and Infrastructure Fund by 45.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 258,519 shares of the investment management company’s stock worth $3,035,000 after purchasing an additional 80,892 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in Duff & Phelps Utility and Infrastructure Fund by 38.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 17,514 shares of the investment management company’s stock worth $205,000 after purchasing an additional 4,896 shares during the last quarter. Finally, United Advisor Group LLC raised its position in Duff & Phelps Utility and Infrastructure Fund by 0.3% in the 3rd quarter. United Advisor Group LLC now owns 328,802 shares of the investment management company’s stock worth $3,860,000 after purchasing an additional 1,055 shares during the last quarter.

Duff & Phelps Utility and Infrastructure Fund Stock Performance

DPG stock opened at $11.89 on Monday. The company has a 50 day moving average price of $11.85 and a 200 day moving average price of $11.40. Duff & Phelps Utility and Infrastructure Fund Inc. has a fifty-two week low of $8.70 and a fifty-two week high of $12.50.

Duff & Phelps Utility and Infrastructure Fund Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, February 10th. Shareholders of record on Friday, January 31st will be issued a dividend of $0.07 per share. The ex-dividend date is Friday, January 31st.

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.