Dividend & Income Fund (NYSE:DNI) Institutional Investor Sentiment Is 1

Sentiment for Dividend & Income Fund (NYSE:DNI)

Dividend & Income Fund (NYSE:DNI) institutional sentiment decreased to 1 in Q1 2019. Its down -0.27, from 1.27 in 2018Q4. The ratio has worsened, as 13 hedge funds increased or started new holdings, while 13 sold and reduced their stakes in Dividend & Income Fund. The hedge funds in our partner’s database now own: 3.97 million shares, down from 4.13 million shares in 2018Q4. Also, the number of hedge funds holding Dividend & Income Fund in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 11 Increased: 9 New Position: 4.

Dividend and Income Fund is a closed-ended equity mutual fund launched and managed by Bexil Advisers LLC. The company has market cap of $142.64 million. It invests in public equity markets across the globe. It currently has negative earnings. The fund seeks to invest in stocks of companies operating across diversified sectors.

The stock decreased 0.47% or $0.06 during the last trading session, reaching $11.61. About 17,314 shares traded. Dividend and Income Fund (NYSE:DNI) has declined 3.26% since July 7, 2018 and is downtrending. It has underperformed by 7.69% the S&P500.

Blue Bell Private Wealth Management Llc holds 2.44% of its portfolio in Dividend and Income Fund for 460,382 shares. Bulldog Investors Llc owns 397,817 shares or 2.01% of their US portfolio. Moreover, Landscape Capital Management L.L.C. has 0.36% invested in the company for 334,370 shares. The Texas-based Doliver Advisors Lp has invested 0.33% in the stock. Highland Capital Management Lp, a Texas-based fund reported 230,968 shares.

Since January 1, 0001, it had 3 insider buys, and 0 insider sales for $26,705 activity.

More notable recent Dividend and Income Fund (NYSE:DNI) news were published by: Finance.Yahoo.com which released: “U.S. lawmakers call on spy chief to rein in spread of hacking tools – Yahoo Finance” on May 20, 2019, also Seekingalpha.com with their article: “Dividend And Income Fund: High Income Closed-End Fund With Discount Capture ‘Alpha’ – Seeking Alpha” published on January 07, 2016, Seekingalpha.com published: “Dividend Sensei’s Portfolio Update 39: 3 Reasons You Should Avoid This Dangerous Type Of High-Yield Stock – Seeking Alpha” on June 19, 2018. More interesting news about Dividend and Income Fund (NYSE:DNI) were released by: Etfdailynews.com and their article: “These Closed-End Funds Are Trading At A Steep Discount (DNI) – ETF Daily News” published on May 11, 2018 as well as Forbes.com‘s news article titled: “3 Buys For Easy 17.6% Gains And Dividends Up To 9% – Forbes Now” with publication date: May 12, 2018.

Comments are closed.