Duff & Phelps Utility and Infrastructure Fund Inc. $DPG Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. increased its position in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) by 45.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 674,689 shares of the investment management company’s stock after acquiring an additional 210,024 shares during the period. Advisors Asset Management Inc.’s holdings in Duff & Phelps Utility and Infrastructure Fund were worth $8,373,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of DPG. Kanen Wealth Management LLC grew its position in Duff & Phelps Utility and Infrastructure Fund by 114.2% in the 1st quarter. Kanen Wealth Management LLC now owns 585,101 shares of the investment management company’s stock worth $7,156,000 after purchasing an additional 311,979 shares during the last quarter. Wolverine Asset Management LLC bought a new position in Duff & Phelps Utility and Infrastructure Fund in the 1st quarter worth approximately $882,000. Envestnet Asset Management Inc. bought a new position in Duff & Phelps Utility and Infrastructure Fund in the 1st quarter worth approximately $467,000. SeaCrest Wealth Management LLC acquired a new stake in Duff & Phelps Utility and Infrastructure Fund in the 2nd quarter valued at approximately $202,000. Finally, Integrity Alliance LLC. bought a new stake in Duff & Phelps Utility and Infrastructure Fund during the 1st quarter valued at $188,000.

Duff & Phelps Utility and Infrastructure Fund Trading Up 0.1%

Shares of DPG stock opened at $13.04 on Wednesday. Duff & Phelps Utility and Infrastructure Fund Inc. has a 1 year low of $10.45 and a 1 year high of $13.38. The stock has a fifty day moving average of $13.00 and a two-hundred day moving average of $12.63.

Duff & Phelps Utility and Infrastructure 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 given a $0.07 dividend. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Wednesday, December 31st.

About Duff & Phelps Utility and Infrastructure Fund

Duff & Phelps Utility and Infrastructure Fund Inc is a closed-ended equity mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests in the public equity markets across the globe. The fund seeks to invest in the companies operating in utility sector.