Doliver Advisors LP Sells 3,207 Shares of Dividend And Income Fund Inc (NYSE:DNI)

Doliver Advisors LP lessened its holdings in shares of Dividend And Income Fund Inc (NYSE:DNI) by 6.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 48,527 shares of the real estate investment trust’s stock after selling 3,207 shares during the quarter. Doliver Advisors LP owned about 0.45% of Dividend And Income Fund worth $570,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of DNI. Coastal Investment Advisors Inc. bought a new stake in Dividend And Income Fund during the 2nd quarter valued at approximately $40,000. Golden State Wealth Management LLC bought a new stake in Dividend And Income Fund during the 2nd quarter valued at approximately $119,000. Cambridge Investment Research Advisors Inc. bought a new stake in Dividend And Income Fund during the 2nd quarter valued at approximately $127,000. Vanguard Capital Wealth Advisors bought a new stake in Dividend And Income Fund during the 2nd quarter valued at approximately $209,000. Finally, Alpine Global Management LLC bought a new stake in Dividend And Income Fund during the 2nd quarter valued at approximately $310,000. 57.32% of the stock is currently owned by institutional investors.

Shares of DNI opened at $12.56 on Friday. The business’s 50 day moving average is $11.92 and its 200 day moving average is $11.62. Dividend And Income Fund Inc has a 12-month low of $8.93 and a 12-month high of $12.56.

Dividend And Income Fund Company Profile

Dividend and Income Fund is a closed-ended equity mutual fund launched and managed by Bexil Advisers LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all capitalizations.

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Institutional Ownership by Quarter for Dividend And Income Fund (NYSE:DNI)

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