Matthew Goff Investment Advisor LLC bought a new position in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,580 shares of the financial services provider’s stock, valued at approximately $203,000.

Several other institutional investors have also modified their holdings of GDV. Wells Fargo & Company MN grew its position in The Gabelli Dividend & Income Trust by 0.7% during the third quarter. Wells Fargo & Company MN now owns 1,097,804 shares of the financial services provider’s stock valued at $26,237,000 after buying an additional 8,081 shares during the period. Raymond James & Associates grew its position in The Gabelli Dividend & Income Trust by 15.8% during the second quarter. Raymond James & Associates now owns 382,922 shares of the financial services provider’s stock valued at $8,639,000 after buying an additional 52,365 shares during the period. First Trust Advisors LP grew its position in The Gabelli Dividend & Income Trust by 13.9% during the second quarter. First Trust Advisors LP now owns 165,792 shares of the financial services provider’s stock valued at $3,740,000 after buying an additional 20,169 shares during the period. Commonwealth Equity Services LLC grew its position in The Gabelli Dividend & Income Trust by 19.3% during the third quarter. Commonwealth Equity Services LLC now owns 47,698 shares of the financial services provider’s stock valued at $1,140,000 after buying an additional 7,730 shares during the period. Finally, Gamco Investors INC. ET AL acquired a new stake in The Gabelli Dividend & Income Trust during the second quarter valued at $280,000.

GDV stock traded down $0.14 during midday trading on Friday, hitting $20.26. 22,962 shares of the stock traded hands, compared to its average volume of 150,863. The Gabelli Dividend & Income Trust has a 1-year low of $19.85 and a 1-year high of $24.97.

The company also recently declared a monthly dividend, which will be paid on Thursday, February 21st. Investors of record on Wednesday, February 13th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, February 12th. This represents a $1.32 annualized dividend and a yield of 6.52%.

In related news, Director James P. Conn sold 5,000 shares of the firm’s stock in a transaction on Thursday, November 1st. The shares were sold at an average price of $20.80, for a total transaction of $104,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

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About The Gabelli Dividend & Income Trust

The Gabelli Dividend & 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 public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.

See Also: Derivative

Institutional Ownership by Quarter for The Gabelli Dividend & Income Trust (NYSE:GDV)

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