Capital Market Strategies LLC Has $176,000 Stock Position in GAMCO Global Gold, Natural Resources & Income Trust $GGN

Capital Market Strategies LLC reduced its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 6.9% in the second quarter, Holdings Channel reports. The institutional investor owned 40,052 shares of the investment management company’s stock after selling 2,964 shares during the period. Capital Market Strategies LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $176,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Integrity Alliance LLC. acquired a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the first quarter valued at about $165,000. Tiptree Advisors LLC acquired a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the first quarter valued at about $472,000. Royal Bank of Canada grew its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 7.2% during the first quarter. Royal Bank of Canada now owns 251,961 shares of the investment management company’s stock valued at $1,101,000 after buying an additional 16,841 shares during the last quarter. Baird Financial Group Inc. lifted its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 66.6% during the first quarter. Baird Financial Group Inc. now owns 83,009 shares of the investment management company’s stock valued at $363,000 after purchasing an additional 33,170 shares in the last quarter. Finally, Samalin Investment Counsel LLC bought a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the first quarter valued at about $132,000.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

GGN opened at $4.99 on Friday. The company’s 50-day moving average is $4.60 and its 200 day moving average is $4.39. GAMCO Global Gold, Natural Resources & Income Trust has a fifty-two week low of $3.68 and a fifty-two week high of $5.00.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, December 19th. Investors of record on Friday, December 12th will be given a dividend of $0.03 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Friday, December 12th.

GAMCO Global Gold, Natural Resources & Income Trust Company 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.