Nwam LLC Raises Stake in GAMCO Global Gold, Natural Resources & Income Trust $GGN

Nwam LLC raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 32.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 70,289 shares of the investment management company’s stock after purchasing an additional 17,096 shares during the period. Nwam LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $309,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Capital Wealth Alliance LLC grew its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 112.0% in the 1st quarter. Capital Wealth Alliance LLC now owns 685,000 shares of the investment management company’s stock worth $2,993,000 after buying an additional 361,883 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 54.7% in the second quarter. Janney Montgomery Scott LLC now owns 671,537 shares of the investment management company’s stock worth $2,948,000 after acquiring an additional 237,541 shares in the last quarter. Cornerstone Advisors LLC grew its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 107.6% in the first quarter. Cornerstone Advisors LLC now owns 396,932 shares of the investment management company’s stock worth $1,735,000 after acquiring an additional 205,731 shares during the last quarter. Tiptree Advisors LLC bought a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the first quarter valued at $472,000. Finally, Private Advisor Group LLC raised its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 29.1% in the 1st quarter. Private Advisor Group LLC now owns 464,303 shares of the investment management company’s stock worth $2,029,000 after purchasing an additional 104,667 shares during the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

Shares of GGN stock opened at $5.00 on Thursday. GAMCO Global Gold, Natural Resources & Income Trust has a one year low of $3.68 and a one year high of $5.31. The company’s 50-day moving average is $4.98 and its 200 day moving average is $4.63.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 17th will be paid a $0.03 dividend. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Tuesday, March 17th.

About GAMCO Global Gold, Natural Resources & Income Trust

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.