Texas Yale Capital Corp. Grows Holdings in GAMCO Global Gold, Natural Resources & Income Trust $GGN

Texas Yale Capital Corp. raised its stake in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 92.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,000 shares of the investment management company’s stock after buying an additional 12,000 shares during the period. Texas Yale Capital Corp.’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $110,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in GGN. Acropolis Investment Management LLC purchased a new position in GAMCO Global Gold, Natural Resources & Income Trust in the second quarter worth $53,000. Modera Wealth Management LLC raised its position in GAMCO Global Gold, Natural Resources & Income Trust by 25.5% during the first quarter. Modera Wealth Management LLC now owns 13,424 shares of the investment management company’s stock valued at $59,000 after purchasing an additional 2,731 shares in the last quarter. Sheaff Brock Investment Advisors LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the first quarter worth about $61,000. Moloney Securities Asset Management LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the second quarter worth about $65,000. Finally, XTX Topco Ltd purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 1st quarter worth about $73,000.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

Shares of NYSEAMERICAN GGN opened at $4.80 on Friday. GAMCO Global Gold, Natural Resources & Income Trust has a 1-year low of $3.68 and a 1-year high of $5.31. The stock’s 50-day moving average is $4.97 and its 200 day moving average is $4.61.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 12th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a c) annualized dividend and a dividend yield of 7.5%.

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.