Dakota Wealth Management purchased a new stake in DTF Tax Free Income Inc. (NYSE:DTF) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 13,736 shares of the investment management company’s stock, valued at approximately $177,000. Dakota Wealth Management owned about 0.16% of DTF Tax Free Income at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Wells Fargo & Company MN raised its stake in shares of DTF Tax Free Income by 103.4% in the third quarter. Wells Fargo & Company MN now owns 646,820 shares of the investment management company’s stock worth $8,311,000 after purchasing an additional 328,815 shares during the last quarter. Fiera Capital Corp grew its holdings in shares of DTF Tax Free Income by 46.6% in the second quarter. Fiera Capital Corp now owns 214,356 shares of the investment management company’s stock valued at $2,857,000 after acquiring an additional 68,159 shares in the last quarter. Wesbanco Bank Inc. bought a new position in shares of DTF Tax Free Income in the second quarter valued at approximately $507,000. Raymond James & Associates grew its holdings in shares of DTF Tax Free Income by 167.6% in the second quarter. Raymond James & Associates now owns 37,027 shares of the investment management company’s stock valued at $494,000 after acquiring an additional 23,192 shares in the last quarter. Finally, Park Avenue Securities LLC bought a new position in shares of DTF Tax Free Income in the third quarter valued at approximately $259,000. 22.31% of the stock is currently owned by institutional investors.

NYSE DTF traded up $0.05 on Friday, hitting $12.93. 41,637 shares of the stock traded hands, compared to its average volume of 19,418. DTF Tax Free Income Inc. has a 12 month low of $12.27 and a 12 month high of $14.32.

The business also recently announced a monthly dividend, which will be paid on Monday, December 31st. Shareholders of record on Monday, December 17th will be given a dividend of $0.035 per share. The ex-dividend date is Friday, December 14th. This represents a $0.42 annualized dividend and a dividend yield of 3.25%.

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DTF Tax Free Income Company Profile

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

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