Proficio Capital Partners LLC cut its position in shares of Duff & Phelps Utility & Corp.orate Bond Trust Inc. (NYSE:DUC) by 18.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,944 shares of the investment management company’s stock after selling 28,114 shares during the period. Proficio Capital Partners LLC’s holdings in Duff & Phelps Utility & Corp.orate Bond Trust were worth $1,127,000 as of its most recent SEC filing.

Separately, Shaker Financial Services LLC raised its stake in shares of Duff & Phelps Utility & Corp.orate Bond Trust by 102.9% in the second quarter. Shaker Financial Services LLC now owns 264,167 shares of the investment management company’s stock worth $2,428,000 after buying an additional 134,002 shares in the last quarter. Hedge funds and other institutional investors own 37.01% of the company’s stock.

Shares of Duff & Phelps Utility & Corp.orate Bond Trust Inc. (NYSE:DUC) opened at 9.19 on Wednesday. The company has a 50 day moving average of $9.21 and a 200-day moving average of $9.25. Duff & Phelps Utility & Corp.orate Bond Trust Inc. has a one year low of $8.95 and a one year high of $9.82.

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.53%. The ex-dividend date of this dividend is Thursday, September 14th.

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Duff & Phelps Utility & Corp.orate Bond Trust Company Profile

Duff & Phelps Utility and Corporate Bond Trust Inc is a diversified, closed-end management investment company. The Fund’s investment objective is to seek high current income consistent with investing in securities of investment grade quality. The Fund seeks to achieve its investment objective by investing substantially all of its assets in a diversified portfolio of income securities.

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Institutional Ownership by Quarter for Duff & Phelps Utility & Corp.orate Bond Trust (NYSE:DUC)

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