RDA Financial Network grew its position in shares of DNP Select Income Fund Inc. (NYSE:DNP – Free Report) by 24.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 344,768 shares of the investment management company’s stock after acquiring an additional 68,097 shares during the period. RDA Financial Network’s holdings in DNP Select Income Fund were worth $3,720,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in DNP. Royal Bank of Canada raised its position in DNP Select Income Fund by 4.2% during the first quarter. Royal Bank of Canada now owns 3,229,721 shares of the investment management company’s stock valued at $33,266,000 after acquiring an additional 131,646 shares in the last quarter. LPL Financial LLC increased its stake in shares of DNP Select Income Fund by 16.3% during the 4th quarter. LPL Financial LLC now owns 3,060,999 shares of the investment management company’s stock worth $30,579,000 after purchasing an additional 430,094 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of DNP Select Income Fund by 1.3% during the 1st quarter. Cetera Investment Advisers now owns 1,530,527 shares of the investment management company’s stock worth $15,764,000 after purchasing an additional 19,122 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of DNP Select Income Fund by 3.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,497,243 shares of the investment management company’s stock valued at $14,957,000 after purchasing an additional 47,974 shares in the last quarter. Finally, J.W. Cole Advisors Inc. raised its holdings in shares of DNP Select Income Fund by 1.3% during the 4th quarter. J.W. Cole Advisors Inc. now owns 1,129,972 shares of the investment management company’s stock valued at $11,288,000 after purchasing an additional 14,173 shares in the last quarter. Institutional investors own 8.51% of the company’s stock.
DNP Select Income Fund Stock Up 0.0%
DNP stock opened at $10.76 on Tuesday. DNP Select Income Fund Inc. has a 1 year low of $9.69 and a 1 year high of $11.16. The company has a fifty day simple moving average of $10.85 and a 200 day simple moving average of $10.56.
DNP Select Income Fund Dividend Announcement
About DNP Select Income Fund
DNP Select Income Fund is a closed‐end management investment company listed on the New York Stock Exchange under the symbol DNP. The fund’s primary objective is to provide high current income and, as a secondary objective, capital appreciation by investing in income‐producing securities.
To pursue its objectives, DNP Select Income Fund allocates the majority of its assets to equity and equity‐related securities of energy infrastructure companies, with a particular focus on master limited partnerships (MLPs) in the midstream sector.
Featured Articles
- Five stocks we like better than DNP Select Income Fund
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Want to see what other hedge funds are holding DNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DNP Select Income Fund Inc. (NYSE:DNP – Free Report).
Receive News & Ratings for DNP Select Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DNP Select Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
