First Heartland Consultants Inc. Has $2.79 Million Stock Position in DNP Select Income Fund Inc. (NYSE:DNP)

First Heartland Consultants Inc. raised its position in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 0.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 277,516 shares of the investment management company’s stock after purchasing an additional 1,363 shares during the quarter. First Heartland Consultants Inc. owned 0.08% of DNP Select Income Fund worth $2,789,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in DNP Select Income Fund during the third quarter valued at approximately $44,000. EdgeRock Capital LLC acquired a new stake in shares of DNP Select Income Fund in the second quarter worth about $49,000. Future Financial Wealth Managment LLC bought a new stake in shares of DNP Select Income Fund during the 3rd quarter worth about $50,000. Benjamin F. Edwards & Company Inc. increased its holdings in shares of DNP Select Income Fund by 13.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 9,647 shares of the investment management company’s stock valued at $79,000 after acquiring an additional 1,150 shares during the last quarter. Finally, Saxon Interests Inc. bought a new position in shares of DNP Select Income Fund in the 2nd quarter valued at approximately $82,000. Institutional investors and hedge funds own 8.51% of the company’s stock.

DNP Select Income Fund Stock Down 0.1 %

DNP Select Income Fund stock traded down $0.01 during trading hours on Tuesday, reaching $9.42. 294,642 shares of the company were exchanged, compared to its average volume of 657,311. DNP Select Income Fund Inc. has a 12 month low of $8.02 and a 12 month high of $10.04. The stock has a 50-day moving average of $9.66 and a 200 day moving average of $9.05.

DNP Select Income Fund Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Friday, November 1st will be issued a $0.065 dividend. This represents a yield of 8.15%. The ex-dividend date of this dividend is Thursday, October 31st.

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.