DNP Select Income Fund Inc. (NYSE:DNP) Shares Sold by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. lessened its holdings in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 10.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,827 shares of the investment management company’s stock after selling 1,037 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in DNP Select Income Fund were worth $114,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Morgan Stanley grew its holdings in DNP Select Income Fund by 12.0% during the second quarter. Morgan Stanley now owns 1,742,753 shares of the investment management company’s stock worth $20,600,000 after acquiring an additional 186,042 shares during the period. Cutter & CO Brokerage Inc. acquired a new position in DNP Select Income Fund during the second quarter worth $298,000. Legacy Capital Partners Inc. grew its holdings in DNP Select Income Fund by 27.8% during the third quarter. Legacy Capital Partners Inc. now owns 80,265 shares of the investment management company’s stock worth $1,032,000 after acquiring an additional 17,440 shares during the period. Commonwealth Equity Services LLC grew its holdings in DNP Select Income Fund by 6.9% during the third quarter. Commonwealth Equity Services LLC now owns 866,650 shares of the investment management company’s stock worth $11,145,000 after acquiring an additional 56,087 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in DNP Select Income Fund by 3.2% in the third quarter. Janney Montgomery Scott LLC now owns 204,252 shares of the investment management company’s stock valued at $2,627,000 after purchasing an additional 6,393 shares during the last quarter. 4.80% of the stock is currently owned by hedge funds and other institutional investors.

DNP Select Income Fund stock opened at $12.50 on Friday. DNP Select Income Fund Inc. has a fifty-two week low of $10.00 and a fifty-two week high of $12.99. The stock’s fifty day moving average is $12.73 and its two-hundred day moving average is $12.22.

The company also recently announced a — dividend, which will be paid on Friday, January 10th. Shareholders of record on Tuesday, December 31st will be issued a $0.065 dividend. This represents a yield of 6%. The ex-dividend date of this dividend is Monday, December 30th.

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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Institutional Ownership by Quarter for DNP Select Income Fund (NYSE:DNP)

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