Cetera Advisor Networks LLC decreased its position in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 6.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 43,305 shares of the investment management company’s stock after selling 3,169 shares during the period. Cetera Advisor Networks LLC’s holdings in DNP Select Income Fund were worth $555,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LaFleur & Godfrey LLC bought a new stake in DNP Select Income Fund during the 3rd quarter worth approximately $40,000. Coastal Investment Advisors Inc. bought a new stake in DNP Select Income Fund during the 2nd quarter worth approximately $37,000. Putnam FL Investment Management Co. bought a new stake in DNP Select Income Fund during the 2nd quarter worth approximately $37,000. Strategic Blueprint LLC bought a new stake in shares of DNP Select Income Fund during the third quarter valued at approximately $41,000. Finally, CENTRAL TRUST Co raised its position in shares of DNP Select Income Fund by 63.1% during the second quarter. CENTRAL TRUST Co now owns 3,261 shares of the investment management company’s stock valued at $39,000 after buying an additional 1,261 shares during the last quarter. Institutional investors own 4.94% of the company’s stock.
DNP Select Income Fund stock opened at $12.45 on Tuesday. DNP Select Income Fund Inc. has a 1 year low of $10.00 and a 1 year high of $12.99. The firm’s 50 day moving average price is $12.70 and its 200-day moving average price is $12.24.
About DNP Select Income Fund
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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