GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Director Acquires $11,060.00 in Stock

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Director Elizabeth Bogan bought 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was purchased at an average price of $5.53 per share, with a total value of $11,060.00. Following the completion of the purchase, the director directly owned 2,000 shares of the company’s stock, valued at $11,060. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

NYSEAMERICAN:GGN traded up $0.02 during mid-day trading on Wednesday, hitting $5.51. The company’s stock had a trading volume of 525,002 shares, compared to its average volume of 804,554. The stock has a fifty day moving average of $5.35 and a 200-day moving average of $5.05. GAMCO Global Gold, Natural Resources & Income Trust has a fifty-two week low of $3.68 and a fifty-two week high of $5.77.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 15th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 6.5%.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Wedbush Securities Inc. boosted its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 6.0% in the third quarter. Wedbush Securities Inc. now owns 40,338 shares of the investment management company’s stock valued at $208,000 after acquiring an additional 2,291 shares during the last quarter. Truist Financial Corp lifted its stake in GAMCO Global Gold, Natural Resources & Income Trust by 3.4% in the third quarter. Truist Financial Corp now owns 89,812 shares of the investment management company’s stock valued at $463,000 after acquiring an additional 2,950 shares during the last quarter. Ashton Thomas Securities LLC boosted its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 2.4% during the 4th quarter. Ashton Thomas Securities LLC now owns 125,705 shares of the investment management company’s stock worth $649,000 after acquiring an additional 3,005 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 2.0% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 153,128 shares of the investment management company’s stock worth $789,000 after acquiring an additional 3,044 shares during the last quarter. Finally, Carnegie Lake Advisors LLC raised its stake in GAMCO Global Gold, Natural Resources & Income Trust by 3.2% in the 4th quarter. Carnegie Lake Advisors LLC now owns 111,481 shares of the investment management company’s stock valued at $575,000 after acquiring an additional 3,500 shares during the period.

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.