Ameriprise Financial Inc. Purchases 82,102 Shares of DNP Select Income Fund Inc. (DNP)

Ameriprise Financial Inc. raised its position in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 47.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 256,252 shares of the investment management company’s stock after buying an additional 82,102 shares during the quarter. Ameriprise Financial Inc. owned about 0.09% of DNP Select Income Fund worth $2,942,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Royal Bank of Canada lifted its position in DNP Select Income Fund by 6.7% during the second quarter. Royal Bank of Canada now owns 817,499 shares of the investment management company’s stock valued at $9,000,000 after buying an additional 51,009 shares during the period. Commonwealth Equity Services Inc increased its holdings in shares of DNP Select Income Fund by 6.9% during the third quarter. Commonwealth Equity Services Inc now owns 500,187 shares of the investment management company’s stock valued at $5,742,000 after acquiring an additional 32,135 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of DNP Select Income Fund by 18.0% during the second quarter. Private Advisor Group LLC now owns 196,960 shares of the investment management company’s stock valued at $2,182,000 after acquiring an additional 29,983 shares in the last quarter. MML Investors Services LLC increased its holdings in shares of DNP Select Income Fund by 8.9% during the second quarter. MML Investors Services LLC now owns 132,849 shares of the investment management company’s stock valued at $1,463,000 after acquiring an additional 10,814 shares in the last quarter. Finally, Advisor Group Inc. increased its holdings in shares of DNP Select Income Fund by 76.5% during the third quarter. Advisor Group Inc. now owns 107,387 shares of the investment management company’s stock valued at $1,233,000 after acquiring an additional 46,531 shares in the last quarter. 3.85% of the stock is owned by institutional investors and hedge funds.

DNP Select Income Fund Inc. (NYSE:DNP) opened at $10.76 on Friday. DNP Select Income Fund Inc. has a twelve month low of $10.23 and a twelve month high of $11.57. The firm has a market capitalization of $3,070.00, a price-to-earnings ratio of 7.91 and a beta of 0.50.

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About DNP Select Income Fund

DNP Select Income Fund Inc is a closed-end diversified management investment company. The Fund’s primary investment objectives are current income and long-term growth of income. Capital appreciation is a secondary objective. It seeks to achieve its investment objectives by investing primarily in the public utility industry.

Institutional Ownership by Quarter for DNP Select Income Fund (NYSE:DNP)

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