Jane Street Group LLC Makes New Investment in DNP Select Income Fund Inc. (NYSE:DNP)

Jane Street Group LLC acquired a new position in DNP Select Income Fund Inc. (NYSE:DNP) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,160 shares of the investment management company’s stock, valued at approximately $301,000.

Other institutional investors also recently bought and sold shares of the company. Stifel Financial Corp lifted its stake in shares of DNP Select Income Fund by 3.0% in the fourth quarter. Stifel Financial Corp now owns 66,078 shares of the investment management company’s stock worth $583,000 after buying an additional 1,934 shares during the last quarter. MML Investors Services LLC lifted its position in DNP Select Income Fund by 14.5% during the 4th quarter. MML Investors Services LLC now owns 138,672 shares of the investment management company’s stock worth $1,223,000 after acquiring an additional 17,577 shares during the last quarter. Zacks Investment Management lifted its position in DNP Select Income Fund by 10.4% during the 4th quarter. Zacks Investment Management now owns 21,219 shares of the investment management company’s stock worth $187,000 after acquiring an additional 2,000 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in DNP Select Income Fund by 55.2% during the fourth quarter. Guggenheim Capital LLC now owns 129,761 shares of the investment management company’s stock valued at $1,144,000 after acquiring an additional 46,173 shares during the period. Finally, CreativeOne Wealth LLC grew its position in shares of DNP Select Income Fund by 6.4% in the fourth quarter. CreativeOne Wealth LLC now owns 20,204 shares of the investment management company’s stock valued at $178,000 after purchasing an additional 1,210 shares during the last quarter. 8.51% of the stock is currently owned by institutional investors.

DNP Select Income Fund Price Performance

NYSE DNP opened at $9.78 on Tuesday. The stock has a 50-day simple moving average of $9.57 and a 200 day simple moving average of $9.43. DNP Select Income Fund Inc. has a twelve month low of $8.02 and a twelve month high of $10.04.

DNP Select Income Fund Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Monday, June 2nd will be issued a dividend of $0.065 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a dividend yield of 8%.

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.