4,000 Shares in DNP Select Income Fund Inc. (NYSE:DNP) Purchased by Golden State Wealth Management LLC

Posted by Stephan Jacobs on Feb 12th, 2025

Golden State Wealth Management LLC bought a new position in shares of DNP Select Income Fund Inc. (NYSE:DNP – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,000 shares of the investment management company’s stock, valued at approximately $35,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Barclays PLC acquired a new position in DNP Select Income Fund during the third quarter worth approximately $1,205,000. Bard Financial Services Inc. acquired a new position in DNP Select Income Fund during the fourth quarter worth approximately $763,000. Avior Wealth Management LLC acquired a new position in DNP Select Income Fund during the third quarter worth approximately $567,000. Thrivent Financial for Lutherans increased its position in DNP Select Income Fund by 350.1% during the third quarter. Thrivent Financial for Lutherans now owns 135,695 shares of the investment management company’s stock worth $1,363,000 after buying an additional 105,547 shares during the last quarter. Finally, Stifel Financial Corp increased its position in DNP Select Income Fund by 9.4% during the third quarter. Stifel Financial Corp now owns 64,144 shares of the investment management company’s stock worth $644,000 after buying an additional 5,524 shares during the last quarter. Institutional investors own 8.51% of the company’s stock.

DNP Select Income Fund Stock Up 0.6 %

DNP Select Income Fund stock opened at $9.48 on Wednesday. DNP Select Income Fund Inc. has a 12 month low of $8.02 and a 12 month high of $10.04. The stock’s 50 day moving average is $9.22 and its 200-day moving average is $9.39.

DNP Select Income Fund Announces Dividend

The business also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Monday, February 3rd were given a dividend of $0.065 per share. This represents a yield of 8.24%. The ex-dividend date of this dividend was Friday, January 31st.

DNP Select Income Fund Company Profile

(Free Report)

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.