Wolverine Asset Management LLC Takes $217,000 Position in Duff & Phelps Utility & Corporate Bond Trust, Inc. (DUC)

Wolverine Asset Management LLC purchased a new position in Duff & Phelps Utility & Corporate Bond Trust, Inc. (NYSE:DUC) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 24,546 shares of the investment management company’s stock, valued at approximately $217,000. Wolverine Asset Management LLC owned 0.09% of Duff & Phelps Utility & Corporate Bond Trust, Inc. at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Sit Investment Associates Inc. raised its holdings in shares of Duff & Phelps Utility & Corporate Bond Trust, Inc. by 0.9% during the fourth quarter. Sit Investment Associates Inc. now owns 4,161,364 shares of the investment management company’s stock valued at $36,828,000 after acquiring an additional 37,245 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Duff & Phelps Utility & Corporate Bond Trust, Inc. by 29.3% during the fourth quarter. Wells Fargo & Company MN now owns 3,283,750 shares of the investment management company’s stock valued at $29,061,000 after acquiring an additional 743,189 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Duff & Phelps Utility & Corporate Bond Trust, Inc. during the fourth quarter valued at approximately $413,000. Landscape Capital Management L.L.C. acquired a new stake in shares of Duff & Phelps Utility & Corporate Bond Trust, Inc. during the fourth quarter valued at approximately $311,000. Finally, Doliver Capital Advisors LP raised its holdings in shares of Duff & Phelps Utility & Corporate Bond Trust, Inc. by 36.6% during the fourth quarter. Doliver Capital Advisors LP now owns 27,301 shares of the investment management company’s stock valued at $242,000 after acquiring an additional 7,312 shares during the period. 41.02% of the stock is owned by institutional investors.

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Shares of DUC stock traded down $0.01 during trading hours on Friday, reaching $8.58. 43,129 shares of the stock traded hands, compared to its average volume of 51,287. Duff & Phelps Utility & Corporate Bond Trust, Inc. has a 1-year low of $8.40 and a 1-year high of $9.38.

The business also recently disclosed a monthly dividend, which will be paid on Monday, April 30th. Investors of record on Monday, April 16th will be given a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a yield of 4.90%. The ex-dividend date of this dividend is Friday, April 13th.

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Duff & Phelps Utility & Corporate Bond Trust, Inc. Profile

There is no company description available for Duff & Phelps Utility & Corporate Bond.

Institutional Ownership by Quarter for Duff & Phelps Utility & Corporate Bond Trust, Inc. (NYSE:DUC)

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