Prevail Innovative Wealth Advisors LLC Increases Stock Holdings in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG)

Prevail Innovative Wealth Advisors LLC grew its holdings in shares of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) by 15.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 92,104 shares of the investment management company’s stock after purchasing an additional 12,554 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in Duff & Phelps Utility and Infrastructure Fund were worth $1,077,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in DPG. Dakota Wealth Management purchased a new stake in Duff & Phelps Utility and Infrastructure Fund during the fourth quarter valued at approximately $133,000. Nwam LLC bought a new stake in shares of Duff & Phelps Utility and Infrastructure Fund during the 4th quarter valued at $136,000. Walleye Capital LLC bought a new stake in shares of Duff & Phelps Utility and Infrastructure Fund during the 3rd quarter valued at $171,000. Truist Financial Corp increased its stake in shares of Duff & Phelps Utility and Infrastructure Fund by 13.7% in the 4th quarter. Truist Financial Corp now owns 17,370 shares of the investment management company’s stock worth $203,000 after purchasing an additional 2,088 shares in the last quarter. Finally, Level Four Advisory Services LLC raised its holdings in Duff & Phelps Utility and Infrastructure Fund by 55.4% in the 4th quarter. Level Four Advisory Services LLC now owns 20,095 shares of the investment management company’s stock worth $235,000 after purchasing an additional 7,167 shares during the period.

Duff & Phelps Utility and Infrastructure Fund Trading Up 0.4 %

NYSE DPG opened at $12.17 on Friday. The business’s fifty day moving average is $11.88 and its 200 day moving average is $11.77. Duff & Phelps Utility and Infrastructure Fund Inc. has a fifty-two week low of $8.73 and a fifty-two week high of $12.50.

Duff & Phelps Utility and Infrastructure Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Monday, June 30th will be given a dividend of $0.07 per share. The ex-dividend date is Monday, June 30th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 6.91%.

Duff & Phelps Utility and Infrastructure Fund Profile

Duff & Phelps Utility and Infrastructure Fund Inc is a closed-ended equity mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests in the public equity markets across the globe. The fund seeks to invest in the companies operating in utility sector.