DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) Shares Sold by Hara Capital LLC

Hara Capital LLC decreased its holdings in shares of DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF - Free Report) by 46.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 246,165 shares of the investment management company's stock after selling 216,141 shares during the period. DTF Tax-Free Income 2028 Term Fund makes up approximately 1.7% of Hara Capital LLC's investment portfolio, making the stock its 15th largest holding. Hara Capital LLC's holdings in DTF Tax-Free Income 2028 Term Fund were worth $2,761,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Beverly Hills Private Wealth LLC boosted its position in DTF Tax-Free Income 2028 Term Fund by 146.6% in the fourth quarter. Beverly Hills Private Wealth LLC now owns 248,947 shares of the investment management company's stock valued at $2,792,000 after buying an additional 148,014 shares during the last quarter. Sit Investment Associates Inc. purchased a new stake in DTF Tax-Free Income 2028 Term Fund in the 4th quarter worth approximately $6,946,000. J.W. Cole Advisors Inc. boosted its position 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 in the last quarter. Corps Capital Advisors LLC purchased a new stake in DTF Tax-Free Income 2028 Term Fund in the 4th quarter worth approximately $213,000. Finally, GWN Securities Inc. purchased a new stake in DTF Tax-Free Income 2028 Term Fund in the 4th quarter worth approximately $155,000. Hedge funds and other institutional investors own 43.81% of the company's stock.

DTF Tax-Free Income 2028 Term Fund Trading Up 0.3%

DTF Tax-Free Income 2028 Term Fund stock traded up $0.03 during mid-day trading on Friday, hitting $11.20. The company had a trading volume of 8,842 shares, compared to its average volume of 14,232. DTF Tax-Free Income 2028 Term Fund Inc. has a 12-month low of $10.83 and a 12-month high of $11.45. The company's fifty day moving average is $11.17 and its 200-day moving average is $11.23.

DTF Tax-Free Income 2028 Term Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were paid a dividend of $0.0325 per share. This represents a dividend yield of 3.47%. The ex-dividend date was Thursday, May 15th.

DTF Tax-Free Income 2028 Term Fund Company 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.