Bank of New York Mellon Corp lessened its holdings in Duff and Phelps Global Utlity Inm Fd Inc (NYSE:DPG) by 15.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,734 shares of the investment management company’s stock after selling 3,869 shares during the quarter. Bank of New York Mellon Corp’s holdings in Duff and Phelps Global Utlity Inm Fd were worth $344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in DPG. SignalPoint Asset Management LLC grew its stake in Duff and Phelps Global Utlity Inm Fd by 0.3% in the 2nd quarter. SignalPoint Asset Management LLC now owns 13,729 shares of the investment management company’s stock valued at $228,000 after purchasing an additional 36 shares during the period. Jaffetilchin Investment Partners LLC lifted its position in shares of Duff and Phelps Global Utlity Inm Fd by 2.1% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 82,368 shares of the investment management company’s stock valued at $1,367,000 after buying an additional 1,675 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its position in shares of Duff and Phelps Global Utlity Inm Fd by 10.1% during the 2nd quarter. Advisors Asset Management Inc. now owns 515,661 shares of the investment management company’s stock valued at $8,560,000 after buying an additional 47,102 shares during the last quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 8.83%. The ex-dividend date is Thursday, December 14th.

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Duff and Phelps Global Utlity Inm Fd Profile

Duff & Phelps Global Utility Income Fund Inc is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek total return, resulting primarily from a high level of current income, with an emphasis on providing tax-advantaged dividend income, and growth in current income, and secondarily from capital appreciation.

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Institutional Ownership by Quarter for Duff and Phelps Global Utlity Inm Fd (NYSE:DPG)

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