Deschutes Portfolio Strategy LLC decreased its stake in Duff & Phelps Global Utility Incm Fd Inc (NYSE:DPG) by 40.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 65,859 shares of the investment management company’s stock after selling 44,535 shares during the period. Deschutes Portfolio Strategy LLC’s holdings in Duff & Phelps Global Utilitym Fd were worth $1,093,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Advisors Asset Management Inc. boosted its position in Duff & Phelps Global Utilitym Fd by 10.1% in the second quarter. Advisors Asset Management Inc. now owns 515,661 shares of the investment management company’s stock valued at $8,560,000 after buying an additional 47,102 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its position in Duff & Phelps Global Utilitym Fd by 2.1% in the second quarter. Jaffetilchin Investment Partners LLC now owns 82,368 shares of the investment management company’s stock valued at $1,367,000 after buying an additional 1,675 shares during the last quarter. Strategic Financial Group LLC boosted its position in Duff & Phelps Global Utilitym Fd by 11.8% in the second quarter. Strategic Financial Group LLC now owns 38,000 shares of the investment management company’s stock valued at $631,000 after buying an additional 4,000 shares during the last quarter. BB&T Securities LLC boosted its position in Duff & Phelps Global Utilitym Fd by 44.2% in the second quarter. BB&T Securities LLC now owns 17,787 shares of the investment management company’s stock valued at $295,000 after buying an additional 5,454 shares during the last quarter. Finally, SignalPoint Asset Management LLC boosted its position in Duff & Phelps Global Utilitym Fd by 0.3% in the second quarter. SignalPoint Asset Management LLC now owns 13,729 shares of the investment management company’s stock valued at $228,000 after buying an additional 36 shares during the last quarter.

Duff & Phelps Global Utility Incm Fd Inc (DPG) opened at 16.35 on Wednesday. The company’s 50-day moving average price is $16.55 and its 200 day moving average price is $16.59. Duff & Phelps Global Utility Incm Fd Inc has a 52-week low of $14.32 and a 52-week high of $17.60.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a dividend of $0.35 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.40 annualized dividend and a dividend yield of 8.56%.

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About Duff & Phelps Global Utilitym Fd

Duff & Phelps Global Utility Income Fund Inc is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek total return, resulting primarily from a high level of current income, with an emphasis on providing tax-advantaged dividend income, and growth in current income, and secondarily from capital appreciation.

Institutional Ownership by Quarter for Duff & Phelps Global Utilitym Fd (NYSE:DPG)

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