DNP Select Income Fund Inc. (DNP) Holdings Trimmed by Cwm LLC

Cwm LLC cut its holdings in DNP Select Income Fund Inc. (NYSE:DNP) by 9.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 60,024 shares of the investment management company’s stock after selling 6,309 shares during the period. Cwm LLC’s holdings in DNP Select Income Fund were worth $664,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sawtooth Solutions LLC acquired a new position in shares of DNP Select Income Fund in the 2nd quarter valued at about $226,000. TRUE Private Wealth Advisors acquired a new position in shares of DNP Select Income Fund in the 2nd quarter valued at about $240,000. AE Wealth Management LLC boosted its holdings in shares of DNP Select Income Fund by 196.6% in the 2nd quarter. AE Wealth Management LLC now owns 54,252 shares of the investment management company’s stock valued at $585,000 after buying an additional 35,963 shares during the period. IFP Advisors Inc boosted its holdings in shares of DNP Select Income Fund by 7.4% in the 2nd quarter. IFP Advisors Inc now owns 118,615 shares of the investment management company’s stock valued at $1,279,000 after buying an additional 8,203 shares during the period. Finally, Citadel Advisors LLC acquired a new position in shares of DNP Select Income Fund in the 2nd quarter valued at about $259,000. 3.91% of the stock is owned by institutional investors and hedge funds.

NYSE DNP opened at $10.97 on Friday. DNP Select Income Fund Inc. has a one year low of $9.71 and a one year high of $11.45.

The firm also recently declared a monthly dividend, which will be paid on Monday, December 10th. Stockholders of record on Friday, November 30th will be issued a $0.065 dividend. This represents a $0.78 annualized dividend and a dividend yield of 7.11%. The ex-dividend date of this dividend is Thursday, November 29th.

DNP Select Income Fund 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.

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Institutional Ownership by Quarter for DNP Select Income Fund (NYSE:DNP)

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