30,300 Shares in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) Purchased by Concorde Asset Management LLC

Concorde Asset Management LLC acquired a new stake in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 30,300 shares of the investment management company’s stock, valued at approximately $298,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Karpus Management Inc. raised its stake in Duff & Phelps Utility and Infrastructure Fund by 113.5% in the 4th quarter. Karpus Management Inc. now owns 437,735 shares of the investment management company’s stock worth $4,014,000 after purchasing an additional 232,688 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Duff & Phelps Utility and Infrastructure Fund by 37.5% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 580,207 shares of the investment management company’s stock worth $5,703,000 after buying an additional 158,152 shares in the last quarter. RPO LLC grew its position in Duff & Phelps Utility and Infrastructure Fund by 103.1% in the fourth quarter. RPO LLC now owns 228,189 shares of the investment management company’s stock valued at $2,092,000 after acquiring an additional 115,822 shares during the last quarter. Consolidated Portfolio Review Corp raised its stake in Duff & Phelps Utility and Infrastructure Fund by 73.1% during the second quarter. Consolidated Portfolio Review Corp now owns 242,139 shares of the investment management company’s stock worth $2,380,000 after acquiring an additional 102,293 shares in the last quarter. Finally, Cornerstone Advisors LLC lifted its holdings in shares of Duff & Phelps Utility and Infrastructure Fund by 10.9% in the first quarter. Cornerstone Advisors LLC now owns 793,502 shares of the investment management company’s stock worth $7,586,000 after acquiring an additional 77,955 shares during the last quarter.

Duff & Phelps Utility and Infrastructure Fund Trading Down 0.4 %

Duff & Phelps Utility and Infrastructure Fund stock opened at $11.60 on Thursday. The stock has a 50-day moving average price of $10.78 and a two-hundred day moving average price of $10.00. Duff & Phelps Utility and Infrastructure Fund Inc. has a 12 month low of $7.90 and a 12 month high of $11.68.

Duff & Phelps Utility and Infrastructure Fund Profile

Duff & Phelps Utility and Infrastructure Fund Inc is a closed-ended equity mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests in the public equity markets across the globe. The fund seeks to invest in the companies operating in utility sector.