Vanguard Capital Wealth Advisors Boosts Stake in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Vanguard Capital Wealth Advisors lifted its position in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 238,723 shares of the investment management company’s stock after acquiring an additional 5,227 shares during the quarter. GAMCO Global Gold, Natural Resources & Income Trust accounts for approximately 0.7% of Vanguard Capital Wealth Advisors’ investment portfolio, making the stock its 27th biggest holding. Vanguard Capital Wealth Advisors’ holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $898,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of GGN. Choreo LLC purchased a new position in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at about $42,000. Moors & Cabot Inc. purchased a new position in GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter valued at about $46,000. Capital Market Strategies LLC lifted its stake in GAMCO Global Gold, Natural Resources & Income Trust by 26.5% in the 4th quarter. Capital Market Strategies LLC now owns 23,875 shares of the investment management company’s stock valued at $90,000 after buying an additional 5,000 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in GAMCO Global Gold, Natural Resources & Income Trust by 17.5% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 35,871 shares of the investment management company’s stock valued at $131,000 after buying an additional 5,335 shares in the last quarter. Finally, Fortitude Family Office LLC purchased a new position in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at about $162,000.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

GGN traded down $0.06 during trading on Tuesday, reaching $3.99. The company’s stock had a trading volume of 429,763 shares, compared to its average volume of 450,498. GAMCO Global Gold, Natural Resources & Income Trust has a 1 year low of $3.51 and a 1 year high of $4.17.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, May 23rd. Stockholders of record on Thursday, May 16th will be issued a dividend of $0.03 per share. The ex-dividend date is Wednesday, May 15th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 9.02%.

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.