HHM Wealth Advisors LLC Sells 1,800 Shares of DNP Select Income Fund Inc. (NYSE:DNP)

HHM Wealth Advisors LLC decreased its stake in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 10.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,930 shares of the investment management company’s stock after selling 1,800 shares during the quarter. HHM Wealth Advisors LLC’s holdings in DNP Select Income Fund were worth $141,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Barclays PLC bought a new stake in shares of DNP Select Income Fund during the third quarter valued at approximately $1,205,000. Bard Financial Services Inc. purchased a new stake in shares of DNP Select Income Fund in the 4th quarter worth $763,000. Avior Wealth Management LLC bought a new position in shares of DNP Select Income Fund during the 3rd quarter worth $567,000. Thrivent Financial for Lutherans increased its stake in shares of DNP Select Income Fund by 350.1% during the third quarter. Thrivent Financial for Lutherans now owns 135,695 shares of the investment management company’s stock valued at $1,363,000 after buying an additional 105,547 shares during the period. Finally, Stifel Financial Corp raised its holdings in shares of DNP Select Income Fund by 9.4% in the third quarter. Stifel Financial Corp now owns 64,144 shares of the investment management company’s stock valued at $644,000 after acquiring an additional 5,524 shares in the last quarter. 8.51% of the stock is owned by hedge funds and other institutional investors.

DNP Select Income Fund Stock Down 0.6 %

NYSE:DNP opened at $9.42 on Tuesday. The company has a 50-day moving average of $9.24 and a 200 day moving average of $9.36. DNP Select Income Fund Inc. has a 1-year low of $8.02 and a 1-year high of $10.04.

DNP Select Income Fund Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, February 10th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.065 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a dividend yield of 8.24%.

About DNP Select Income Fund

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.