16,302 Shares in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Acquired by Forte Capital LLC ADV

Forte Capital LLC ADV acquired a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 16,302 shares of the investment management company’s stock, valued at approximately $61,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Choreo LLC purchased a new position in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at approximately $42,000. Moors & Cabot Inc. purchased a new position in GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter valued at approximately $46,000. Capital Market Strategies LLC boosted its position in GAMCO Global Gold, Natural Resources & Income Trust by 26.5% in the 4th quarter. Capital Market Strategies LLC now owns 23,875 shares of the investment management company’s stock valued at $90,000 after buying an additional 5,000 shares during the period. Stratos Wealth Partners LTD. boosted its position in GAMCO Global Gold, Natural Resources & Income Trust by 17.5% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 35,871 shares of the investment management company’s stock valued at $131,000 after buying an additional 5,335 shares during the period. Finally, Fortitude Family Office LLC purchased a new position in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at approximately $162,000.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

GGN stock traded down $0.02 during midday trading on Friday, hitting $4.01. The company’s stock had a trading volume of 251,176 shares, compared to its average volume of 445,314. GAMCO Global Gold, Natural Resources & Income Trust has a 52-week low of $3.51 and a 52-week high of $4.17.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 23rd. Stockholders of record on Thursday, May 16th will be issued a $0.03 dividend. The ex-dividend date is Wednesday, May 15th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.98%.

GAMCO Global Gold, Natural Resources & Income Trust Profile

GAMCO Global Gold, Natural Resources & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related activities.