Corient Private Wealth LLC Sells 12,550 Shares of DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF)

Corient Private Wealth LLC decreased its holdings in shares of DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) by 10.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 102,784 shares of the investment management company’s stock after selling 12,550 shares during the quarter. Corient Private Wealth LLC’s holdings in DTF Tax-Free Income 2028 Term Fund were worth $1,153,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of DTF. Corps Capital Advisors LLC purchased a new position in shares of DTF Tax-Free Income 2028 Term Fund in the fourth quarter valued at $213,000. J.W. Cole Advisors Inc. boosted its stake in DTF Tax-Free Income 2028 Term Fund by 20.4% in the 4th quarter. J.W. Cole Advisors Inc. now owns 14,780 shares of the investment management company’s stock worth $166,000 after purchasing an additional 2,500 shares during the period. Sanctuary Advisors LLC grew its holdings in DTF Tax-Free Income 2028 Term Fund by 14.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 23,119 shares of the investment management company’s stock valued at $260,000 after buying an additional 3,000 shares in the last quarter. Virtu Financial LLC purchased a new position in DTF Tax-Free Income 2028 Term Fund during the 3rd quarter valued at about $207,000. Finally, Kovitz Investment Group Partners LLC bought a new stake in shares of DTF Tax-Free Income 2028 Term Fund during the third quarter valued at about $5,819,000. Institutional investors own 43.81% of the company’s stock.

DTF Tax-Free Income 2028 Term Fund Price Performance

Shares of DTF Tax-Free Income 2028 Term Fund stock opened at $11.23 on Thursday. The company’s 50-day moving average price is $11.29 and its 200-day moving average price is $11.26. DTF Tax-Free Income 2028 Term Fund Inc. has a 12-month low of $10.63 and a 12-month high of $11.45.

DTF Tax-Free Income 2028 Term Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be issued a $0.0325 dividend. This represents a $0.39 annualized dividend and a yield of 3.47%. The ex-dividend date is Monday, June 16th.

DTF Tax-Free Income 2028 Term Fund Profile

DTF Tax-Free Income 2028 Term Fund 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.