DNP Select Income Fund Inc. (NYSE:DNP) Shares Sold by Semus Wealth Partners LLC

Semus Wealth Partners LLC lessened its stake in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 18.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,881 shares of the investment management company’s stock after selling 4,116 shares during the quarter. Semus Wealth Partners LLC’s holdings in DNP Select Income Fund were worth $158,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in DNP. Safe Harbor Fiduciary LLC acquired a new stake in shares of DNP Select Income Fund during the third quarter valued at $28,000. Crews Bank & Trust purchased a new stake in shares of DNP Select Income Fund during the fourth quarter worth about $29,000. UMB Bank n.a. acquired a new position in shares of DNP Select Income Fund in the fourth quarter valued at approximately $34,000. Tandem Financial LLC acquired a new position in shares of DNP Select Income Fund in the fourth quarter valued at approximately $34,000. Finally, Golden State Wealth Management LLC purchased a new position in shares of DNP Select Income Fund during the fourth quarter valued at approximately $35,000. 8.51% of the stock is owned by institutional investors and hedge funds.

DNP Select Income Fund Stock Up 0.6 %

DNP stock opened at $9.42 on Wednesday. The company has a 50 day moving average price of $9.22 and a two-hundred day moving average price of $9.40. DNP Select Income Fund Inc. has a one year low of $8.02 and a one year high of $10.04.

DNP Select Income Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Shareholders of record on Monday, February 3rd were issued a $0.065 dividend. This represents a yield of 8.24%. The ex-dividend date was Friday, January 31st.

DNP Select Income Fund Company 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.