100,946 Shares in The Gabelli Dividend & Income Trust $GDV Bought by MSH Capital Advisors LLC

MSH Capital Advisors LLC purchased a new stake in The Gabelli Dividend & Income Trust (NYSE:GDV) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 100,946 shares of the financial services provider’s stock, valued at approximately $2,968,000.

Several other large investors have also bought and sold shares of GDV. Larson Financial Group LLC purchased a new position in The Gabelli Dividend & Income Trust during the 3rd quarter worth $30,000. Assetmark Inc. raised its holdings in shares of The Gabelli Dividend & Income Trust by 142.3% in the first quarter. Assetmark Inc. now owns 1,323 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 777 shares during the last quarter. CIBC Private Wealth Group LLC bought a new position in shares of The Gabelli Dividend & Income Trust during the third quarter valued at about $38,000. Allied Private Wealth LLC bought a new position in shares of The Gabelli Dividend & Income Trust during the second quarter valued at about $40,000. Finally, US Bancorp DE bought a new position in shares of The Gabelli Dividend & Income Trust during the third quarter valued at about $43,000.

The Gabelli Dividend & Income Trust Stock Up 0.1%

Shares of GDV stock opened at $30.47 on Thursday. The company has a 50-day simple moving average of $29.73 and a two-hundred day simple moving average of $28.96. The Gabelli Dividend & Income Trust has a 52-week low of $26.14 and a 52-week high of $31.00.

The Gabelli Dividend & Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 11th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, December 11th. This represents a c) annualized dividend and a dividend yield of 5.9%.

The Gabelli Dividend & Income Trust Profile

The Gabelli Dividend & Income Trust (NYSE: GDV) is a diversified, closed-end management investment company organized in 1993 and based in Rye, New York. Managed by Gabelli Funds, LLC—a subsidiary of GAMCO Investors, Inc—the trust seeks to provide a high level of current dividend income while preserving prospects for capital appreciation. It is listed on the New York Stock Exchange and attracts investors looking for regular distributions and potential long-term total return.

The trust’s primary investment focus is on dividend-paying common stocks of U.S.