DTF Tax Free Income Inc. (NYSE:DTF) Shares Sold by RMB Capital Management LLC

RMB Capital Management LLC decreased its position in DTF Tax Free Income Inc. (NYSE:DTF) by 24.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,489 shares of the investment management company’s stock after selling 3,332 shares during the quarter. RMB Capital Management LLC owned approximately 0.12% of DTF Tax Free Income worth $130,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Envestnet Asset Management Inc. bought a new position in shares of DTF Tax Free Income in the third quarter worth about $237,000. Geode Capital Management LLC raised its stake in shares of DTF Tax Free Income by 4.1% in the fourth quarter. Geode Capital Management LLC now owns 28,159 shares of the investment management company’s stock worth $348,000 after buying an additional 1,100 shares during the period. Raymond James & Associates raised its stake in shares of DTF Tax Free Income by 11.4% in the fourth quarter. Raymond James & Associates now owns 43,310 shares of the investment management company’s stock worth $536,000 after buying an additional 4,418 shares during the period. Bulldog Investors LLC bought a new position in shares of DTF Tax Free Income in the third quarter worth about $782,000. Finally, Vivaldi Capital Management LLC raised its stake in shares of DTF Tax Free Income by 16.0% in the fourth quarter. Vivaldi Capital Management LLC now owns 149,555 shares of the investment management company’s stock worth $1,851,000 after buying an additional 20,604 shares during the period. 28.09% of the stock is currently owned by institutional investors.

Shares of NYSE DTF traded up $0.02 during trading on Monday, hitting $13.31. The company had a trading volume of 12,900 shares, compared to its average volume of 24,165. DTF Tax Free Income Inc. has a 12 month low of $12.25 and a 12 month high of $13.52.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be paid a $0.035 dividend. This represents a $0.42 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Friday, April 12th.

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DTF Tax Free Income Profile

DTF Tax-Free Income Inc is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests primarily in a diversified portfolio of investment grade tax-exempt utility obligations. The fund invests in various sectors, such as water and sewer, electric utilities, prerefunded utilities, pollution control, and nonutilities.

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Institutional Ownership by Quarter for DTF Tax Free Income (NYSE:DTF)

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