DNP Select Income Fund Inc. (NYSE:DNP) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lessened its stake in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 20.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 81,948 shares of the investment management company’s stock after selling 21,413 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in DNP Select Income Fund were worth $724,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Apollon Wealth Management LLC lifted its stake in shares of DNP Select Income Fund by 1.4% in the fourth quarter. Apollon Wealth Management LLC now owns 864,905 shares of the investment management company’s stock worth $7,628,000 after acquiring an additional 11,890 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in shares of DNP Select Income Fund by 23.4% in the fourth quarter. J.W. Cole Advisors Inc. now owns 766,719 shares of the investment management company’s stock worth $6,762,000 after acquiring an additional 145,449 shares in the last quarter. Kentucky Trust Co acquired a new position in shares of DNP Select Income Fund in the fourth quarter worth about $5,598,000. Raymond James & Associates lifted its stake in shares of DNP Select Income Fund by 4.9% in the third quarter. Raymond James & Associates now owns 565,350 shares of the investment management company’s stock worth $5,676,000 after acquiring an additional 26,351 shares in the last quarter. Finally, IHT Wealth Management LLC lifted its stake in shares of DNP Select Income Fund by 257.6% in the third quarter. IHT Wealth Management LLC now owns 425,789 shares of the investment management company’s stock worth $4,275,000 after acquiring an additional 306,712 shares in the last quarter. Institutional investors and hedge funds own 8.51% of the company’s stock.

DNP Select Income Fund Trading Up 0.5 %

NYSE:DNP opened at $9.50 on Wednesday. DNP Select Income Fund Inc. has a one year low of $8.02 and a one year high of $10.04. The business’s 50-day simple moving average is $9.24 and its 200 day simple moving average is $9.42.

DNP Select Income Fund Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Monday, February 3rd were paid a $0.065 dividend. This represents a dividend yield of 8.24%. The ex-dividend date was Friday, January 31st.

Insider Activity at DNP Select Income Fund

In related news, Director Geraldine M. Mcnamara sold 11,391 shares of the business’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $9.41, for a total value of $107,189.31. Following the completion of the sale, the director now directly owns 5,344 shares of the company’s stock, valued at $50,287.04. The trade was a 68.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.06% of the stock is owned by corporate insiders.

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.