DNP Select Income Fund Inc. (NYSE:DNP) Shares Acquired by Prospera Financial Services Inc

Prospera Financial Services Inc boosted its holdings in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 13.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,188 shares of the investment management company’s stock after purchasing an additional 4,035 shares during the quarter. Prospera Financial Services Inc’s holdings in DNP Select Income Fund were worth $333,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of DNP Select Income Fund during the third quarter worth approximately $44,000. EdgeRock Capital LLC acquired a new position in DNP Select Income Fund during the 2nd quarter worth $49,000. Future Financial Wealth Managment LLC bought a new stake in shares of DNP Select Income Fund in the 3rd quarter worth about $50,000. Benjamin F. Edwards & Company Inc. raised its stake in shares of DNP Select Income Fund by 13.5% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 9,647 shares of the investment management company’s stock valued at $79,000 after purchasing an additional 1,150 shares in the last quarter. Finally, Saxon Interests Inc. bought a new position in shares of DNP Select Income Fund during the second quarter worth about $82,000. 8.51% of the stock is currently owned by hedge funds and other institutional investors.

DNP Select Income Fund Trading Up 0.1 %

NYSE:DNP opened at $9.46 on Monday. DNP Select Income Fund Inc. has a one year low of $8.02 and a one year high of $10.04. The stock has a 50-day simple moving average of $9.61 and a 200 day simple moving average of $9.08.

DNP Select Income Fund Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, November 12th. Stockholders of record on Friday, November 1st were issued a $0.065 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a dividend yield of 8.15%.

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.