DNP Select Income Fund Inc. $DNP Shares Sold by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC cut its position in DNP Select Income Fund Inc. (NYSE:DNP) by 6.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,834 shares of the investment management company’s stock after selling 4,558 shares during the quarter. Clear Creek Financial Management LLC’s holdings in DNP Select Income Fund were worth $615,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Cerity Partners LLC grew its stake in shares of DNP Select Income Fund by 2.1% in the first quarter. Cerity Partners LLC now owns 54,187 shares of the investment management company’s stock valued at $536,000 after buying an additional 1,111 shares in the last quarter. Tortoise Investment Management LLC grew its stake in DNP Select Income Fund by 1.8% during the 1st quarter. Tortoise Investment Management LLC now owns 62,569 shares of the investment management company’s stock worth $619,000 after purchasing an additional 1,130 shares in the last quarter. IFP Advisors Inc grew its stake in DNP Select Income Fund by 25.6% during the 1st quarter. IFP Advisors Inc now owns 5,931 shares of the investment management company’s stock worth $59,000 after purchasing an additional 1,210 shares in the last quarter. Farther Finance Advisors LLC grew its stake in DNP Select Income Fund by 4.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 32,434 shares of the investment management company’s stock worth $318,000 after purchasing an additional 1,246 shares in the last quarter. Finally, Global Assets Advisory LLC grew its stake in DNP Select Income Fund by 11.6% during the 2nd quarter. Global Assets Advisory LLC now owns 11,995 shares of the investment management company’s stock worth $117,000 after purchasing an additional 1,246 shares in the last quarter. 8.51% of the stock is owned by institutional investors and hedge funds.

DNP Select Income Fund Price Performance

DNP opened at $9.92 on Friday. DNP Select Income Fund Inc. has a 12 month low of $8.69 and a 12 month high of $10.04. The business has a fifty day moving average price of $9.90 and a 200 day moving average price of $9.74.

DNP Select Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, January 12th. Investors of record on Wednesday, December 31st will be paid a dividend of $0.065 per share. This represents a c) annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend is Wednesday, December 31st.

DNP Select Income Fund Profile

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.