Bulldog Investors LLP bought a new position in shares of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 176,130 shares of the investment management company’s stock, valued at approximately $2,543,000.
Other institutional investors have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its holdings in shares of Duff & Phelps Utility and Infrastructure Fund by 25.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 624,733 shares of the investment management company’s stock valued at $9,021,000 after acquiring an additional 125,977 shares in the last quarter. Nwam LLC grew its holdings in shares of Duff & Phelps Utility and Infrastructure Fund by 30.9% during the first quarter. Nwam LLC now owns 35,712 shares of the investment management company’s stock worth $516,000 after purchasing an additional 8,421 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Duff & Phelps Utility and Infrastructure Fund in the first quarter worth approximately $31,000. Kestra Advisory Services LLC increased its position in shares of Duff & Phelps Utility and Infrastructure Fund by 31.4% in the first quarter. Kestra Advisory Services LLC now owns 80,876 shares of the investment management company’s stock worth $1,168,000 after purchasing an additional 19,331 shares during the last quarter. Finally, PFG Investments LLC bought a new position in shares of Duff & Phelps Utility and Infrastructure Fund in the first quarter worth approximately $148,000.
Duff & Phelps Utility and Infrastructure Fund Stock Up 0.7%
Shares of DPG opened at $14.82 on Tuesday. Duff & Phelps Utility and Infrastructure Fund Inc. has a 1-year low of $12.31 and a 1-year high of $15.15. The firm’s 50 day simple moving average is $14.48 and its 200 day simple moving average is $14.25.
Duff & Phelps Utility and Infrastructure Fund Dividend Announcement
About Duff & Phelps Utility and Infrastructure Fund
The Duff & Phelps Utility and Infrastructure Fund Inc (NYSE: DPG) is a diversified, closed-end management investment company that seeks to provide investors with high current income and the potential for capital appreciation. The fund pursues its investment objectives primarily through equity and equity-related securities of companies engaged in the utility and infrastructure sectors, including regulated and non-regulated utilities, energy infrastructure, transportation, communications, water, and related businesses.
At least 80% of the fund’s total assets are invested in equity securities of utilities and infrastructure companies.
Recommended Stories
- Five stocks we like better than Duff & Phelps Utility and Infrastructure Fund
- The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence
- Is Domino’s Stock Serving Up a Buying Opportunity?
- A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free
- Why Gold Miners Could Be the Market’s Biggest Comeback Story
Want to see what other hedge funds are holding DPG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG – Free Report).
Receive News & Ratings for Duff & Phelps Utility and Infrastructure Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duff & Phelps Utility and Infrastructure Fund and related companies with MarketBeat.com's FREE daily email newsletter.
