Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG - Get Free Report) CEO David D. Jr. Grumhaus bought 1,500 shares of the company's stock in a transaction on Tuesday, November 26th. The shares were acquired at an average price of $12.32 per share, with a total value of $18,480.00. Following the transaction, the chief executive officer now directly owns 9,877 shares of the company's stock, valued at approximately $121,684.64. This trade represents a 17.91 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Duff & Phelps Utility and Infrastructure Fund Stock Performance
NYSE DPG opened at $12.47 on Thursday. The company's 50-day moving average price is $11.70 and its 200-day moving average price is $10.82. Duff & Phelps Utility and Infrastructure Fund Inc. has a 12 month low of $8.70 and a 12 month high of $12.50.
Duff & Phelps Utility and Infrastructure Fund Announces Dividend
The company also recently declared a dividend, which was paid on Tuesday, November 12th. Stockholders of record on Friday, November 1st were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a dividend yield of 7.39%.
Institutional Investors Weigh In On Duff & Phelps Utility and Infrastructure Fund
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Several large investors have recently modified their holdings of the business. Blue Bell Private Wealth Management LLC boosted its position in Duff & Phelps Utility and Infrastructure Fund by 270.3% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 9,998 shares of the investment management company's stock valued at $98,000 after acquiring an additional 7,298 shares in the last quarter. Cetera Advisors LLC lifted its stake in shares of Duff & Phelps Utility and Infrastructure Fund by 15.7% during the 1st quarter. Cetera Advisors LLC now owns 11,616 shares of the investment management company's stock worth $111,000 after purchasing an additional 1,573 shares during the last quarter. Walleye Capital LLC bought a new stake in Duff & Phelps Utility and Infrastructure Fund during the third quarter valued at about $171,000. Chicago Partners Investment Group LLC grew its stake in Duff & Phelps Utility and Infrastructure Fund by 38.8% in the third quarter. Chicago Partners Investment Group LLC now owns 17,514 shares of the investment management company's stock valued at $205,000 after purchasing an additional 4,896 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its holdings in Duff & Phelps Utility and Infrastructure Fund by 35.5% in the first quarter. B. Riley Wealth Advisors Inc. now owns 25,388 shares of the investment management company's stock worth $243,000 after purchasing an additional 6,658 shares in the last quarter.
About Duff & Phelps Utility and Infrastructure Fund
(
Get Free Report)
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.
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