Insight Select Income Fund (NYSE:INSI) Shares Up 0.6%

Insight Select Income Fund (NYSE:INSI) shot up 0.6% during trading on Monday . The company traded as high as $16.35 and last traded at $16.32. 15,671 shares traded hands during trading, a decline of 20% from the average session volume of 19,666 shares. The stock had previously closed at $16.22.

Insight Select Income Fund Stock Performance

The business’s 50-day simple moving average is $16.04 and its 200 day simple moving average is $15.65.

Insight Select Income Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Wednesday, April 3rd were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.94%. The ex-dividend date was Tuesday, April 2nd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. SeaBridge Investment Advisors LLC boosted its holdings in Insight Select Income Fund by 0.9% in the fourth quarter. SeaBridge Investment Advisors LLC now owns 141,694 shares of the company’s stock valued at $2,263,000 after acquiring an additional 1,323 shares in the last quarter. Atlantic Union Bankshares Corp boosted its holdings in Insight Select Income Fund by 13.0% in the first quarter. Atlantic Union Bankshares Corp now owns 26,632 shares of the company’s stock valued at $439,000 after acquiring an additional 3,065 shares in the last quarter. AQR Arbitrage LLC boosted its holdings in Insight Select Income Fund by 10.8% in the third quarter. AQR Arbitrage LLC now owns 40,450 shares of the company’s stock valued at $608,000 after acquiring an additional 3,932 shares in the last quarter. Wolverine Asset Management LLC boosted its holdings in Insight Select Income Fund by 4,349.0% in the third quarter. Wolverine Asset Management LLC now owns 4,449 shares of the company’s stock valued at $67,000 after acquiring an additional 4,349 shares in the last quarter. Finally, Dakota Wealth Management bought a new stake in Insight Select Income Fund in the third quarter valued at $178,000. Institutional investors own 49.32% of the company’s stock.

Insight Select Income Fund Company Profile

Insight Select Income Fund is a closed ended fixed income mutual fund launched and managed by Cutwater Asset Management Corp. The fund invests in the fixed income markets of the United States. It primarily invests in short-term and long-term debt securities. The fund invests in the securities rated within the highest four grades by Moody's or Standard & Poor's, obligations of the U.S.