26,300 Shares in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) Purchased by Cascade Investment Group Inc.

Cascade Investment Group Inc. acquired a new stake in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) in the 4th quarter, Holdings Channel reports. The firm acquired 26,300 shares of the investment management company’s stock, valued at approximately $307,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of DPG. United Advisor Group LLC raised its stake in shares of Duff & Phelps Utility and Infrastructure Fund by 0.3% in the third quarter. United Advisor Group LLC now owns 328,802 shares of the investment management company’s stock valued at $3,860,000 after purchasing an additional 1,055 shares in the last quarter. Chicago Partners Investment Group LLC raised its stake in shares of Duff & Phelps Utility and Infrastructure Fund by 38.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 17,514 shares of the investment management company’s stock valued at $205,000 after buying an additional 4,896 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in shares of Duff & Phelps Utility and Infrastructure Fund by 28.9% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 32,715 shares of the investment management company’s stock worth $322,000 after acquiring an additional 7,327 shares during the period. Concorde Asset Management LLC boosted its position in shares of Duff & Phelps Utility and Infrastructure Fund by 27.1% during the 3rd quarter. Concorde Asset Management LLC now owns 38,500 shares of the investment management company’s stock valued at $452,000 after acquiring an additional 8,200 shares in the last quarter. Finally, Walleye Capital LLC bought a new stake in Duff & Phelps Utility and Infrastructure Fund in the third quarter valued at about $171,000.

Duff & Phelps Utility and Infrastructure Fund Stock Performance

Shares of DPG opened at $11.94 on Monday. Duff & Phelps Utility and Infrastructure Fund Inc. has a 12 month low of $8.70 and a 12 month high of $12.50. The company has a 50-day moving average price of $11.84 and a two-hundred day moving average price of $11.33.

Duff & Phelps Utility and Infrastructure Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, February 10th. Investors of record on Friday, January 31st will be paid a $0.07 dividend. The ex-dividend date is Friday, January 31st.

Duff & Phelps Utility and Infrastructure Fund Profile

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.