Stifel Financial Corp Acquires 10,610 Shares of The Gabelli Dividend & Income Trust (NYSE:GDV)

Stifel Financial Corp lifted its holdings in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) by 4.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 241,092 shares of the financial services provider’s stock after purchasing an additional 10,610 shares during the quarter. Stifel Financial Corp’s holdings in The Gabelli Dividend & Income Trust were worth $5,193,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Morgan Stanley lifted its holdings in shares of The Gabelli Dividend & Income Trust by 0.7% during the 2nd quarter. Morgan Stanley now owns 6,244,523 shares of the financial services provider’s stock valued at $135,319,000 after purchasing an additional 44,864 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of The Gabelli Dividend & Income Trust by 2.4% during the second quarter. Wells Fargo & Company MN now owns 1,173,328 shares of the financial services provider’s stock worth $25,425,000 after acquiring an additional 27,811 shares during the period. Cohen & Steers Inc. raised its holdings in shares of The Gabelli Dividend & Income Trust by 7.0% during the second quarter. Cohen & Steers Inc. now owns 473,398 shares of the financial services provider’s stock worth $10,259,000 after acquiring an additional 31,010 shares during the period. Shaker Financial Services LLC lifted its position in The Gabelli Dividend & Income Trust by 53.5% in the 3rd quarter. Shaker Financial Services LLC now owns 306,431 shares of the financial services provider’s stock valued at $6,591,000 after acquiring an additional 106,823 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in The Gabelli Dividend & Income Trust by 3.2% in the 3rd quarter. First Trust Advisors LP now owns 169,964 shares of the financial services provider’s stock valued at $3,656,000 after acquiring an additional 5,332 shares in the last quarter.

Shares of NYSE GDV opened at $20.89 on Friday. The company has a fifty day moving average price of $20.79 and a 200 day moving average price of $21.12. The Gabelli Dividend & Income Trust has a 1-year low of $16.92 and a 1-year high of $22.25.

The Gabelli Dividend & Income Trust Profile

The Gabelli Dividend & 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 public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.

Further Reading: Average Daily Trade Volume – What You Need to Know

Want to see what other hedge funds are holding GDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Gabelli Dividend & Income Trust (NYSE:GDV).

Institutional Ownership by Quarter for The Gabelli Dividend & Income Trust (NYSE:GDV)

Receive News & Ratings for The Gabelli Dividend & Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Gabelli Dividend & Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.