Level Four Advisory Services LLC Raises Stock Position in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG)

Level Four Advisory Services LLC lifted its stake in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) by 55.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,095 shares of the investment management company’s stock after purchasing an additional 7,167 shares during the period. Level Four Advisory Services LLC’s holdings in Duff & Phelps Utility and Infrastructure Fund were worth $235,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of DPG. Walleye Capital LLC bought a new position in Duff & Phelps Utility and Infrastructure Fund in the third quarter worth about $171,000. Virtu Financial LLC bought a new position in shares of Duff & Phelps Utility and Infrastructure Fund in the 3rd quarter worth approximately $327,000. Cascade Investment Group Inc. purchased a new position in shares of Duff & Phelps Utility and Infrastructure Fund in the 4th quarter valued at approximately $307,000. Kanen Wealth Management LLC bought a new stake in shares of Duff & Phelps Utility and Infrastructure Fund during the fourth quarter valued at approximately $3,193,000. Finally, Dakota Wealth Management bought a new stake in shares of Duff & Phelps Utility and Infrastructure Fund during the fourth quarter valued at approximately $133,000.

Duff & Phelps Utility and Infrastructure Fund Trading Up 0.1 %

DPG opened at $12.25 on Wednesday. The stock has a fifty day simple moving average of $11.89 and a two-hundred day simple moving average of $11.79. Duff & Phelps Utility and Infrastructure Fund Inc. has a 12-month low of $8.73 and a 12-month high of $12.50.

Duff & Phelps Utility and Infrastructure Fund Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 12th. Investors of record on Wednesday, April 30th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, April 30th.

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.