DNP Select Income Fund Inc. (NYSE:DNP) Shares Bought by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. lifted its position in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 21.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 124,490 shares of the investment management company’s stock after acquiring an additional 22,387 shares during the quarter. Koshinski Asset Management Inc.’s holdings in DNP Select Income Fund were worth $1,250,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. raised its holdings in shares of DNP Select Income Fund by 13.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,647 shares of the investment management company’s stock worth $79,000 after purchasing an additional 1,150 shares during the period. Comerica Bank raised its stake in DNP Select Income Fund by 3.7% during the first quarter. Comerica Bank now owns 36,781 shares of the investment management company’s stock worth $334,000 after acquiring an additional 1,311 shares during the period. Fortis Group Advisors LLC lifted its holdings in DNP Select Income Fund by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 3,000 shares of the investment management company’s stock worth $25,000 after acquiring an additional 1,500 shares during the last quarter. Hoertkorn Richard Charles boosted its stake in DNP Select Income Fund by 6.2% in the first quarter. Hoertkorn Richard Charles now owns 25,650 shares of the investment management company’s stock valued at $233,000 after acquiring an additional 1,500 shares during the period. Finally, PFG Investments LLC grew its holdings in shares of DNP Select Income Fund by 3.8% during the second quarter. PFG Investments LLC now owns 46,534 shares of the investment management company’s stock valued at $383,000 after purchasing an additional 1,716 shares during the last quarter. 8.51% of the stock is currently owned by institutional investors.

DNP Select Income Fund Trading Up 0.2 %

Shares of DNP Select Income Fund stock opened at $9.61 on Monday. DNP Select Income Fund Inc. has a twelve month low of $8.02 and a twelve month high of $10.04. The business’s 50 day simple moving average is $9.50 and its 200-day simple moving average is $8.95.

DNP Select Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be paid a $0.065 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 8.12%. The ex-dividend date is Thursday, October 31st.

DNP Select Income Fund Company Profile

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.