Janney Montgomery Scott LLC Boosts Stake in GAMCO Global Gold, Natural Resources & Income Trust $GGN

Janney Montgomery Scott LLC increased its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 42.0% during the first quarter, HoldingsChannel.com reports. The fund owned 1,305,574 shares of the investment management company’s stock after buying an additional 386,270 shares during the period. Janney Montgomery Scott LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $6,946,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. RFG Advisory LLC raised its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 8.6% in the 1st quarter. RFG Advisory LLC now owns 26,190 shares of the investment management company’s stock valued at $139,000 after acquiring an additional 2,071 shares during the last quarter. Triad Wealth Partners LLC acquired a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 1st quarter worth approximately $80,000. Compound Planning Inc. boosted its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 3.8% during the 4th quarter. Compound Planning Inc. now owns 168,637 shares of the investment management company’s stock worth $870,000 after purchasing an additional 6,128 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 15.6% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 20,716 shares of the investment management company’s stock valued at $107,000 after purchasing an additional 2,789 shares in the last quarter. Finally, XTX Topco Ltd purchased a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter valued at approximately $143,000.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

NYSEAMERICAN:GGN opened at $4.91 on Friday. GAMCO Global Gold, Natural Resources & Income Trust has a one year low of $4.36 and a one year high of $5.88. The stock has a 50 day moving average price of $5.10 and a 200 day moving average price of $5.30.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 16th will be issued a $0.03 dividend. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Wednesday, September 16th.

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.