Sii Investments Inc. WI trimmed its position in Duff & Phelps Utilities Income, Inc. (NYSE:DNP) by 7.4% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 113,983 shares of the investment management company’s stock after selling 9,127 shares during the period. Sii Investments Inc. WI’s holdings in Duff & Phelps Utilities Income were worth $1,257,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Ameriprise Financial Inc. increased its stake in shares of Duff & Phelps Utilities Income by 111.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 174,150 shares of the investment management company’s stock valued at $1,917,000 after buying an additional 91,764 shares during the period. Providence First Trust Co bought a new stake in shares of Duff & Phelps Utilities Income during the second quarter worth $928,000. Royal Bank of Canada raised its position in shares of Duff & Phelps Utilities Income by 6.7% during the second quarter. Royal Bank of Canada now owns 817,499 shares of the investment management company’s stock worth $9,000,000 after acquiring an additional 51,009 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Duff & Phelps Utilities Income by 18.0% during the second quarter. Private Advisor Group LLC now owns 196,960 shares of the investment management company’s stock worth $2,182,000 after acquiring an additional 29,983 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Duff & Phelps Utilities Income by 162.5% during the second quarter. HighTower Advisors LLC now owns 38,821 shares of the investment management company’s stock worth $428,000 after acquiring an additional 24,034 shares during the last quarter. Hedge funds and other institutional investors own 3.58% of the company’s stock.

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Duff & Phelps Utilities Income, Inc. (NYSE:DNP) traded up 0.35% during midday trading on Wednesday, hitting $11.39. The stock had a trading volume of 54,321 shares. The company’s 50-day moving average price is $11.36 and its 200 day moving average price is $11.13. Duff & Phelps Utilities Income, Inc. has a 52 week low of $9.81 and a 52 week high of $11.54.

About Duff & Phelps Utilities Income

DNP Select Income Fund Inc is a closed-end diversified management investment company. The Fund’s primary investment objectives are current income and long-term growth of income. Capital appreciation is a secondary objective. It seeks to achieve its investment objectives by investing primarily in the public utility industry.

Institutional Ownership by Quarter for Duff & Phelps Utilities Income (NYSE:DNP)

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