MAS Advisors LLC Has $657,000 Holdings in DNP Select Income Fund Inc. (NYSE:DNP)

MAS Advisors LLC trimmed its position in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 25.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 74,470 shares of the investment management company’s stock after selling 25,456 shares during the period. DNP Select Income Fund accounts for 1.1% of MAS Advisors LLC’s investment portfolio, making the stock its 27th biggest holding. MAS Advisors LLC’s holdings in DNP Select Income Fund were worth $657,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC acquired a new stake in shares of DNP Select Income Fund during the 3rd quarter valued at $28,000. Crews Bank & Trust bought a new position in DNP Select Income Fund during the fourth quarter valued at approximately $29,000. UMB Bank n.a. bought a new stake in DNP Select Income Fund in the fourth quarter worth approximately $34,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of DNP Select Income Fund during the 3rd quarter worth $44,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of DNP Select Income Fund during the 3rd quarter valued at $50,000. 8.51% of the stock is owned by institutional investors and hedge funds.

DNP Select Income Fund Stock Down 0.8 %

Shares of NYSE:DNP opened at $9.33 on Wednesday. The business has a 50-day moving average of $9.24 and a two-hundred day moving average of $9.36. DNP Select Income Fund Inc. has a fifty-two week low of $8.02 and a fifty-two week high of $10.04.

DNP Select Income Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, February 10th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.065 per share. The ex-dividend date is Friday, January 31st. This represents a yield of 8.24%.

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.