Duff & Phelps Utility and Infrastructure Fund Inc. $DPG Stock Holdings Boosted by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC raised its position in shares of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) by 12.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 498,756 shares of the investment management company’s stock after purchasing an additional 56,105 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Duff & Phelps Utility and Infrastructure Fund were worth $6,339,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DPG. GS Investments Inc. bought a new position in Duff & Phelps Utility and Infrastructure Fund during the 3rd quarter valued at $26,000. B. Riley Wealth Advisors Inc. bought a new position in Duff & Phelps Utility and Infrastructure Fund during the 2nd quarter valued at $129,000. Invesco Ltd. bought a new position in Duff & Phelps Utility and Infrastructure Fund during the 2nd quarter valued at $185,000. Atlantic Union Bankshares Corp bought a new position in Duff & Phelps Utility and Infrastructure Fund during the 3rd quarter valued at $187,000. Finally, Susquehanna International Group LLP boosted its stake in Duff & Phelps Utility and Infrastructure Fund by 68.9% during the 3rd quarter. Susquehanna International Group LLP now owns 18,170 shares of the investment management company’s stock valued at $235,000 after purchasing an additional 7,415 shares in the last quarter.

Duff & Phelps Utility and Infrastructure Fund Stock Up 0.2%

Shares of NYSE DPG opened at $14.74 on Tuesday. The stock has a fifty day moving average price of $14.28 and a two-hundred day moving average price of $13.42. Duff & Phelps Utility and Infrastructure Fund Inc. has a 1 year low of $10.45 and a 1 year high of $14.96.

Duff & Phelps Utility and Infrastructure Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.07 per share. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, June 30th.

About Duff & Phelps Utility and Infrastructure Fund

The Duff & Phelps Utility and Infrastructure Fund Inc (NYSE: DPG) is a diversified, closed-end management investment company that seeks to provide investors with high current income and the potential for capital appreciation. The fund pursues its investment objectives primarily through equity and equity-related securities of companies engaged in the utility and infrastructure sectors, including regulated and non-regulated utilities, energy infrastructure, transportation, communications, water, and related businesses.

At least 80% of the fund’s total assets are invested in equity securities of utilities and infrastructure companies.