Ladenburg Thalmann Financial Services Inc. cut its stake in Duff and Phelps Global Utlity Inm Fd Inc (NYSE:DPG) by 6.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,131 shares of the investment management company’s stock after selling 3,633 shares during the quarter. Ladenburg Thalmann Financial Services Inc. owned about 0.13% of Duff and Phelps Global Utlity Inm Fd worth $797,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of DPG. Wells Fargo & Company MN increased its position in shares of Duff and Phelps Global Utlity Inm Fd by 7.3% during the 2nd quarter. Wells Fargo & Company MN now owns 584,167 shares of the investment management company’s stock worth $9,697,000 after purchasing an additional 39,607 shares during the last quarter. Advisors Asset Management Inc. increased its position in shares of Duff and Phelps Global Utlity Inm Fd by 2.7% during the 3rd quarter. Advisors Asset Management Inc. now owns 529,329 shares of the investment management company’s stock worth $8,591,000 after purchasing an additional 13,668 shares during the last quarter. Stifel Financial Corp increased its position in shares of Duff and Phelps Global Utlity Inm Fd by 9.6% during the 3rd quarter. Stifel Financial Corp now owns 182,946 shares of the investment management company’s stock worth $2,958,000 after purchasing an additional 16,052 shares during the last quarter. Royal Bank of Canada increased its position in shares of Duff and Phelps Global Utlity Inm Fd by 27.9% during the 2nd quarter. Royal Bank of Canada now owns 172,733 shares of the investment management company’s stock worth $2,867,000 after purchasing an additional 37,643 shares during the last quarter. Finally, Janus Henderson Group PLC increased its position in shares of Duff and Phelps Global Utlity Inm Fd by 16.4% during the 3rd quarter. Janus Henderson Group PLC now owns 161,121 shares of the investment management company’s stock worth $2,615,000 after purchasing an additional 22,729 shares during the last quarter.

Shares of Duff and Phelps Global Utlity Inm Fd Inc (NYSE:DPG) opened at $15.40 on Friday. Duff and Phelps Global Utlity Inm Fd Inc has a 52-week low of $15.16 and a 52-week high of $17.29.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 15th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 9.09%. The ex-dividend date is Wednesday, March 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.

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

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