Gill Capital Partners LLC Has $266,000 Stock Holdings in DNP Select Income Fund Inc. (NYSE:DNP)

Gill Capital Partners LLC lessened its holdings in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 4.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 26,489 shares of the investment management company’s stock after selling 1,117 shares during the period. Gill Capital Partners LLC’s holdings in DNP Select Income Fund were worth $266,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in DNP. Axiom Advisory LLC raised its holdings in DNP Select Income Fund by 1.6% in the 3rd quarter. Axiom Advisory LLC now owns 214,400 shares of the investment management company’s stock valued at $1,960,000 after acquiring an additional 3,350 shares in the last quarter. McLean Asset Management Corp bought a new stake in DNP Select Income Fund during the 3rd quarter worth approximately $202,000. Sanctuary Advisors LLC bought a new position in DNP Select Income Fund in the 2nd quarter valued at $557,000. Truist Financial Corp boosted its position in DNP Select Income Fund by 18.9% in the 2nd quarter. Truist Financial Corp now owns 90,605 shares of the investment management company’s stock valued at $745,000 after buying an additional 14,434 shares during the last quarter. Finally, MAS Advisors LLC boosted its position in DNP Select Income Fund by 2.6% in the 2nd quarter. MAS Advisors LLC now owns 99,926 shares of the investment management company’s stock valued at $821,000 after buying an additional 2,576 shares during the last quarter. Institutional investors and hedge funds own 8.51% of the company’s stock.

DNP Select Income Fund Stock Performance

NYSE:DNP opened at $9.49 on Wednesday. DNP Select Income Fund Inc. has a 12-month low of $8.02 and a 12-month high of $10.04. The stock’s fifty day simple moving average is $9.47 and its 200-day simple moving average is $8.94.

DNP Select Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be given a $0.065 dividend. The ex-dividend date is Thursday, October 31st. This represents a $0.78 annualized dividend and a dividend yield of 8.22%.

About DNP Select Income Fund

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.