GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Director Anthonie Vanekris Sells 2,300 Shares

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Director Anthonie Vanekris sold 2,300 shares of GAMCO Global Gold, Natural Resources & Income Trust stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $5.58, for a total transaction of $12,834.00. The sale was disclosed in a filing with the SEC, which is available through this link.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

Shares of GGN stock opened at $5.13 on Tuesday. GAMCO Global Gold, Natural Resources & Income Trust has a 12-month low of $4.31 and a 12-month high of $5.88. The firm has a 50-day moving average price of $5.31 and a 200 day moving average price of $5.31.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 16th will be issued a dividend of $0.03 per share. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Wednesday, September 16th.

Institutional Investors Weigh In On GAMCO Global Gold, Natural Resources & Income Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Eastern Bank increased its position in GAMCO Global Gold, Natural Resources & Income Trust by 74.5% in the 4th quarter. Eastern Bank now owns 384,930 shares of the investment management company’s stock valued at $1,986,000 after acquiring an additional 164,380 shares in the last quarter. Wolverine Asset Management LLC acquired a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at about $3,172,000. Compound Planning Inc. increased its position in GAMCO Global Gold, Natural Resources & Income Trust by 434.2% in the 3rd quarter. Compound Planning Inc. now owns 162,509 shares of the investment management company’s stock valued at $838,000 after acquiring an additional 132,087 shares in the last quarter. Assetmark Inc. increased its position in GAMCO Global Gold, Natural Resources & Income Trust by 166.7% in the 3rd quarter. Assetmark Inc. now owns 10,400 shares of the investment management company’s stock valued at $54,000 after acquiring an additional 6,500 shares in the last quarter. Finally, Kovack Advisors Inc. acquired a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at about $236,000.

GAMCO Global Gold, Natural Resources & Income Trust Company Profile

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN: GGN) is a closed-end management investment company sponsored by GAMCO Investors, Inc The trust seeks to provide current income and secondarily capital appreciation by investing primarily in equity and income‐producing securities of gold, natural resource and other commodity-related issuers. Shares of GGN are traded on the NYSE American exchange, offering investors access to a diversified portfolio of companies involved in mining, energy production and related industries.

The fund’s portfolio typically includes common and preferred stocks, debt instruments, royalty interests and other income-producing securities issued by issuers engaged in exploration, extraction, processing and distribution of precious metals, energy and natural resources.