BB&T Securities LLC Grows Holdings in Duff and Phelps Global Utlity Inm Fd Inc (NYSE:DPG)

BB&T Securities LLC lifted its holdings in shares of Duff and Phelps Global Utlity Inm Fd Inc (NYSE:DPG) by 20.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 35,625 shares of the investment management company’s stock after purchasing an additional 5,948 shares during the period. BB&T Securities LLC’s holdings in Duff and Phelps Global Utlity Inm Fd were worth $570,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of DPG. Golden State Wealth Management LLC lifted its holdings in shares of Duff and Phelps Global Utlity Inm Fd by 453.0% during the second quarter. Golden State Wealth Management LLC now owns 119,009 shares of the investment management company’s stock worth $1,822,000 after purchasing an additional 97,489 shares during the period. Morgan Stanley raised its stake in Duff and Phelps Global Utlity Inm Fd by 2.7% during the second quarter. Morgan Stanley now owns 1,664,094 shares of the investment management company’s stock worth $25,477,000 after buying an additional 43,417 shares during the last quarter. Invesco Ltd. bought a new position in Duff and Phelps Global Utlity Inm Fd during the second quarter worth $566,000. Cetera Advisors LLC bought a new position in Duff and Phelps Global Utlity Inm Fd during the second quarter worth $397,000. Finally, Swaine & Leidel Wealth Services LLC raised its stake in Duff and Phelps Global Utlity Inm Fd by 18.3% during the second quarter. Swaine & Leidel Wealth Services LLC now owns 156,603 shares of the investment management company’s stock worth $2,398,000 after buying an additional 24,249 shares during the last quarter.

NYSE DPG traded down $0.17 during mid-day trading on Wednesday, reaching $14.97. 113,652 shares of the stock were exchanged, compared to its average volume of 117,382. Duff and Phelps Global Utlity Inm Fd Inc has a one year low of $11.33 and a one year high of $16.06. The stock has a 50 day simple moving average of $15.28 and a 200-day simple moving average of $15.39.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 9.35%. The ex-dividend date of this dividend is Friday, December 13th.

About Duff and Phelps Global Utlity Inm Fd

Duff & Phelps Global Utility Income 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.

Recommended Story: What is a dividend reinvestment plan?

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

Receive News & Ratings for Duff and Phelps Global Utlity Inm Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duff and Phelps Global Utlity Inm Fd and related companies with MarketBeat.com's FREE daily email newsletter.