Stifel Financial Corp boosted its position in Duff and Phelps Global Utlity Inm Fd Inc (NYSE:DPG) by 3.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 166,894 shares of the investment management company’s stock after purchasing an additional 5,829 shares during the quarter. Stifel Financial Corp’s holdings in Duff and Phelps Global Utlity Inm Fd were worth $2,770,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advisor Group Inc. boosted its stake in Duff and Phelps Global Utlity Inm Fd by 117.2% in the 2nd quarter. Advisor Group Inc. now owns 6,950 shares of the investment management company’s stock valued at $115,000 after purchasing an additional 3,750 shares during the period. SignalPoint Asset Management LLC boosted its stake in Duff and Phelps Global Utlity Inm Fd by 0.3% in the 2nd quarter. SignalPoint Asset Management LLC now owns 13,729 shares of the investment management company’s stock valued at $228,000 after purchasing an additional 36 shares during the period. BB&T Securities LLC boosted its stake in Duff and Phelps Global Utlity Inm Fd by 44.2% in the 2nd quarter. BB&T Securities LLC now owns 17,787 shares of the investment management company’s stock valued at $295,000 after purchasing an additional 5,454 shares during the period. Strategic Financial Group LLC boosted its stake in Duff and Phelps Global Utlity Inm Fd by 11.8% in the 2nd quarter. Strategic Financial Group LLC now owns 38,000 shares of the investment management company’s stock valued at $631,000 after purchasing an additional 4,000 shares during the period. Finally, Jaffetilchin Investment Partners LLC boosted its stake in Duff and Phelps Global Utlity Inm Fd by 2.1% in the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 82,368 shares of the investment management company’s stock valued at $1,367,000 after purchasing an additional 1,675 shares during the period.

Shares of Duff and Phelps Global Utlity Inm Fd Inc (DPG) opened at 16.29 on Friday. Duff and Phelps Global Utlity Inm Fd Inc has a 1-year low of $14.32 and a 1-year high of $17.29. The company has a 50-day moving average price of $16.32 and a 200 day moving average price of $16.57.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 8.59%. The ex-dividend date is Thursday, December 14th.

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Duff and Phelps Global Utlity Inm Fd Profile

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.

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Institutional Ownership by Quarter for Duff and Phelps Global Utlity Inm Fd (NYSE:DPG)

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