Boyd Watterson Asset Management LLC OH Has $641,000 Stock Holdings in DNP Select Income Fund Inc. (NYSE:DNP)

Boyd Watterson Asset Management LLC OH increased its position in DNP Select Income Fund Inc. (NYSE:DNP) by 16.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,654 shares of the investment management company’s stock after purchasing an additional 10,369 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in DNP Select Income Fund were worth $641,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DNP. Kentucky Trust Co acquired a new position in DNP Select Income Fund in the fourth quarter valued at approximately $5,598,000. Wolverine Asset Management LLC bought a new stake in shares of DNP Select Income Fund during the 4th quarter valued at $2,915,000. IHT Wealth Management LLC raised its position in shares of DNP Select Income Fund by 257.6% during the 3rd quarter. IHT Wealth Management LLC now owns 425,789 shares of the investment management company’s stock valued at $4,275,000 after acquiring an additional 306,712 shares during the last quarter. J.W. Cole Advisors Inc. lifted its stake in shares of DNP Select Income Fund by 43.4% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 621,270 shares of the investment management company’s stock valued at $6,238,000 after purchasing an additional 187,939 shares during the period. Finally, Barclays PLC bought a new position in shares of DNP Select Income Fund in the 3rd quarter worth $1,205,000. 8.51% of the stock is owned by institutional investors.

DNP Select Income Fund Stock Up 0.1 %

Shares of DNP Select Income Fund stock opened at $9.46 on Friday. The business has a fifty day simple moving average of $9.23 and a 200 day simple moving average of $9.41. DNP Select Income Fund Inc. has a 12 month low of $8.02 and a 12 month high of $10.04.

DNP Select Income Fund Announces Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Stockholders of record on Monday, February 3rd were given a dividend of $0.065 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a dividend yield of 8.24%.

Insider Activity

In other news, Director Geraldine M. Mcnamara sold 11,391 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $9.41, for a total value of $107,189.31. Following the completion of the transaction, the director now owns 5,344 shares of the company’s stock, valued at $50,287.04. The trade was a 68.07 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.06% of the stock is currently owned by company insiders.

DNP Select Income Fund Company 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.