Duff & Phelps Global Utility Incm Fd Inc (NYSE:DPG) VP Eric Elvekrog bought 1,500 shares of the business’s stock in a transaction dated Tuesday, August 15th. The shares were purchased at an average price of $16.18 per share, for a total transaction of $24,270.00. Following the transaction, the vice president now directly owns 5,891 shares of the company’s stock, valued at approximately $95,316.38. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Duff & Phelps Global Utility Incm Fd Inc (NYSE:DPG) traded down 1.04% during mid-day trading on Tuesday, hitting $16.10. The stock had a trading volume of 189,363 shares. The company has a 50 day moving average price of $16.64 and a 200 day moving average price of $16.60. Duff & Phelps Global Utility Incm Fd Inc has a one year low of $14.32 and a one year high of $17.60.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a $0.35 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.40 dividend on an annualized basis and a yield of 8.70%.

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Institutional investors have recently bought and sold shares of the stock. Advisor Group Inc. boosted its position in Duff & Phelps Global Utilitym Fd by 117.2% in the second quarter. Advisor Group Inc. now owns 6,950 shares of the investment management company’s stock worth $115,000 after buying an additional 3,750 shares during the last quarter. 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 worth $228,000 after buying an additional 36 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 worth $295,000 after buying an additional 5,454 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 worth $631,000 after buying an additional 4,000 shares during the last quarter. Finally, 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 worth $1,367,000 after buying an additional 1,675 shares during the last quarter.

Duff & Phelps Global Utilitym Fd Company 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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