GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Director Sells $12,834.00 in Stock

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Director Anthonie Vanekris sold 2,300 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $5.58, for a total transaction of $12,834.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

GAMCO Global Gold, Natural Resources & Income Trust Trading Down 0.8%

Shares of GGN stock opened at $5.10 on Thursday. The firm’s 50-day simple moving average is $5.31 and its 200-day simple moving average is $5.31. GAMCO Global Gold, Natural Resources & Income Trust has a 1-year low of $4.31 and a 1-year high of $5.88.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 16th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a c) dividend on an annualized basis and a yield of 7.1%.

Institutional Trading of GAMCO Global Gold, Natural Resources & Income Trust

A number of institutional investors and hedge funds have recently made changes to their positions in GGN. Royal Bank of Canada raised its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 7.2% in the 1st quarter. Royal Bank of Canada now owns 251,961 shares of the investment management company’s stock worth $1,101,000 after buying an additional 16,841 shares during the period. Baird Financial Group Inc. grew its position in GAMCO Global Gold, Natural Resources & Income Trust by 18.1% during the second quarter. Baird Financial Group Inc. now owns 98,070 shares of the investment management company’s stock valued at $431,000 after acquiring an additional 15,061 shares during the period. Walleye Capital LLC acquired a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the second quarter worth about $198,000. Raymond James Financial Inc. increased its stake in GAMCO Global Gold, Natural Resources & Income Trust by 40.7% during the second quarter. Raymond James Financial Inc. now owns 460,108 shares of the investment management company’s stock worth $2,020,000 after acquiring an additional 133,037 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 9.4% in the 2nd quarter. Bank of America Corp DE now owns 946,230 shares of the investment management company’s stock worth $4,154,000 after purchasing an additional 81,045 shares during the period.

About GAMCO Global Gold, Natural Resources & Income Trust

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.