Essex Financial Services Inc. decreased its position in Darnley Bay Resources Limited (NYSE:DBL) by 9.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,557 shares of the investment management company’s stock after selling 3,730 shares during the quarter. Essex Financial Services Inc.’s holdings in Darnley Bay Resources Limited were worth $798,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Laurel Wealth Advisors Inc. increased its position in shares of Darnley Bay Resources Limited by 1.0% in the second quarter. Laurel Wealth Advisors Inc. now owns 10,308 shares of the investment management company’s stock valued at $260,000 after acquiring an additional 104 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in shares of Darnley Bay Resources Limited by 2.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 8,974 shares of the investment management company’s stock valued at $226,000 after acquiring an additional 200 shares during the period. Sigma Planning Corp boosted its stake in shares of Darnley Bay Resources Limited by 1.2% during the 2nd quarter. Sigma Planning Corp now owns 28,359 shares of the investment management company’s stock valued at $716,000 after purchasing an additional 350 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Darnley Bay Resources Limited by 2.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 59,663 shares of the investment management company’s stock valued at $1,505,000 after purchasing an additional 1,238 shares in the last quarter. Finally, Apriem Advisors boosted its stake in shares of Darnley Bay Resources Limited by 0.6% during the 2nd quarter. Apriem Advisors now owns 294,378 shares of the investment management company’s stock valued at $7,427,000 after purchasing an additional 1,714 shares in the last quarter.

Shares of Darnley Bay Resources Limited (NYSE DBL) opened at C$22.56 on Friday. Darnley Bay Resources Limited has a 52 week low of C$22.50 and a 52 week high of C$26.09.

The business also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th will be paid a dividend of $0.167 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.88%. The ex-dividend date is Wednesday, November 15th.

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Darnley Bay Resources Limited Company Profile

DoubleLine Opportunistic Credit Fund is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. The Fund may invest in debt securities and income-producing investments of any kind, including, without limitation, residential and commercial mortgage-backed securities, asset-backed securities, the United States Government securities, corporate debt, international sovereign debt and short-term investments.

Institutional Ownership by Quarter for Darnley Bay Resources Limited (NYSE:DBL)

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