Landscape Capital Management L.L.C. Invests $149,000 in Duff & Phelps Utility and Infrastructure Fund Inc. $DPG

Landscape Capital Management L.L.C. purchased a new position in Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 12,211 shares of the investment management company’s stock, valued at approximately $149,000.

Several other large investors have also recently modified their holdings of DPG. Kanen Wealth Management LLC raised its position in shares of Duff & Phelps Utility and Infrastructure Fund by 114.2% in the 1st quarter. Kanen Wealth Management LLC now owns 585,101 shares of the investment management company’s stock worth $7,156,000 after purchasing an additional 311,979 shares during the last quarter. Wolverine Asset Management LLC purchased a new position in Duff & Phelps Utility and Infrastructure Fund in the 1st quarter worth about $882,000. Envestnet Asset Management Inc. purchased a new position in Duff & Phelps Utility and Infrastructure Fund in the 1st quarter worth about $467,000. First Trust Advisors LP purchased a new position in Duff & Phelps Utility and Infrastructure Fund in the 4th quarter worth about $426,000. Finally, Prevail Innovative Wealth Advisors LLC raised its position in Duff & Phelps Utility and Infrastructure Fund by 27.6% in the 1st quarter. Prevail Innovative Wealth Advisors LLC now owns 117,487 shares of the investment management company’s stock worth $1,437,000 after buying an additional 25,383 shares during the last quarter.

Duff & Phelps Utility and Infrastructure Fund Price Performance

Shares of NYSE:DPG opened at $12.76 on Tuesday. Duff & Phelps Utility and Infrastructure Fund Inc. has a fifty-two week low of $10.45 and a fifty-two week high of $12.90. The business has a 50-day simple moving average of $12.54 and a two-hundred day simple moving average of $12.20.

Duff & Phelps Utility and Infrastructure Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Friday, August 29th will be given a $0.07 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a c) dividend on an annualized basis and a yield of 6.6%.

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.