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


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Koshinski Asset Management Inc. reduced its holdings in DNP Select Income Fund Inc. (NYSE:DNP) by 10.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,607 shares of the investment management company’s stock after selling 2,169 shares during the quarter. Koshinski Asset Management Inc.’s holdings in DNP Select Income Fund were worth $191,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kestra Advisory Services LLC lifted its holdings in shares of DNP Select Income Fund by 87.2% in the 4th quarter. Kestra Advisory Services LLC now owns 99,016 shares of the investment management company’s stock valued at $1,015,000 after buying an additional 46,110 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of DNP Select Income Fund by 4.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 271,822 shares of the investment management company’s stock valued at $2,789,000 after buying an additional 11,788 shares during the period. Detalus Advisors LLC acquired a new stake in shares of DNP Select Income Fund in the 4th quarter valued at approximately $104,000. Roman Butler Fullerton & Co. lifted its holdings in shares of DNP Select Income Fund by 5.2% in the 4th quarter. Roman Butler Fullerton & Co. now owns 23,350 shares of the investment management company’s stock valued at $240,000 after buying an additional 1,164 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its stake in DNP Select Income Fund by 4.3% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 758,064 shares of the investment management company’s stock valued at $7,611,000 after purchasing an additional 31,286 shares in the last quarter. 5.72% of the stock is owned by institutional investors and hedge funds.

NYSE DNP opened at $10.57 on Tuesday. DNP Select Income Fund Inc. has a 1-year low of $6.76 and a 1-year high of $13.10. The business has a 50 day moving average price of $10.31 and a 200 day moving average price of $10.31.

The company also recently disclosed a monthly dividend, which will be paid on Monday, April 12th. Investors of record on Wednesday, March 31st will be paid a $0.065 dividend. This represents a $0.78 annualized dividend and a yield of 7.38%. The ex-dividend date is Tuesday, March 30th.

DNP Select Income Fund 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.

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

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