Duff & Phelps Utilities Tax-Free Income Inc. (NYSE:DTF) VP Timothy M. Heaney bought 3,000 shares of the stock in a transaction dated Monday, November 28th. The stock was purchased at an average price of $14.48 per share, with a total value of $43,440.00. Following the acquisition, the vice president now owns 9,340 shares of the company’s stock, valued at $135,243.20. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of Duff & Phelps Utilities Tax-Free Income Inc. (NYSE:DTF) traded down 0.21% during mid-day trading on Monday, hitting $14.42. 22,812 shares of the stock traded hands. The company’s 50-day moving average price is $15.16 and its 200 day moving average price is $16.17. Duff & Phelps Utilities Tax-Free Income Inc. has a 1-year low of $14.16 and a 1-year high of $17.05.

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About Duff & Phelps Utilities Tax-Free Income

DTF Tax-Free Income Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is current income exempt from regular federal income tax consistent with the preservation of capital. The Fund seeks to achieve its investment objective by investing primarily (approximately 80% of its total assets) in a diversified portfolio of investment-grade tax-exempt obligations.

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