Pin Oak Investment Advisors Inc. bought a new stake in DNP Select Income Fund Inc. Common Stock (NYSE:DNP) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,750 shares of the investment management company’s stock, valued at approximately $105,000.

Several other institutional investors also recently modified their holdings of the company. Commonwealth Equity Services LLC boosted its holdings in shares of DNP Select Income Fund Inc. Common Stock by 3.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 582,086 shares of the investment management company’s stock valued at $6,275,000 after buying an additional 16,923 shares in the last quarter. Global Financial Private Capital LLC boosted its holdings in shares of DNP Select Income Fund Inc. Common Stock by 4.4% in the 2nd quarter. Global Financial Private Capital LLC now owns 475,152 shares of the investment management company’s stock valued at $5,122,000 after buying an additional 19,871 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of DNP Select Income Fund Inc. Common Stock by 5.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 440,928 shares of the investment management company’s stock valued at $4,753,000 after buying an additional 22,581 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of DNP Select Income Fund Inc. Common Stock by 100.4% in the 1st quarter. LPL Financial LLC now owns 333,585 shares of the investment management company’s stock valued at $3,429,000 after buying an additional 167,150 shares in the last quarter. Finally, IHT Wealth Management LLC boosted its holdings in shares of DNP Select Income Fund Inc. Common Stock by 8.7% in the 1st quarter. IHT Wealth Management LLC now owns 201,100 shares of the investment management company’s stock valued at $2,071,000 after buying an additional 16,154 shares in the last quarter. Institutional investors and hedge funds own 3.92% of the company’s stock.

Shares of DNP Select Income Fund Inc. Common Stock stock traded down $0.05 during trading hours on Friday, hitting $11.17. The company had a trading volume of 22,231 shares, compared to its average volume of 242,834. DNP Select Income Fund Inc. Common Stock has a twelve month low of $9.71 and a twelve month high of $11.57.

DNP Select Income Fund Inc. Common Stock 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.

Further Reading: Diversification in Your Portfolio

Institutional Ownership by Quarter for DNP Select Income Fund Inc. Common Stock (NYSE:DNP)

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