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

Vanguard Capital Wealth Advisors lessened its holdings in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 3.1% during the first quarter, Holdings Channel.com reports. The firm owned 231,334 shares of the investment management company’s stock after selling 7,389 shares during the quarter. Vanguard Capital Wealth Advisors’ holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $893,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Capital Market Strategies LLC increased its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 26.5% during the fourth quarter. Capital Market Strategies LLC now owns 23,875 shares of the investment management company’s stock valued at $90,000 after acquiring an additional 5,000 shares in the last quarter. Fortitude Family Office LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the 4th quarter valued at about $162,000. Raymond James Financial Services Advisors Inc. increased its stake in GAMCO Global Gold, Natural Resources & Income Trust by 5.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 105,790 shares of the investment management company’s stock valued at $398,000 after purchasing an additional 5,856 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 13.9% in the fourth quarter. J.W. Cole Advisors Inc. now owns 67,785 shares of the investment management company’s stock worth $255,000 after buying an additional 8,267 shares during the last quarter. Finally, Choreo LLC bought a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter worth approximately $42,000.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

Shares of NYSEAMERICAN:GGN remained flat at $4.05 during trading on Friday. 16,331 shares of the stock were exchanged, compared to its average volume of 423,128. 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 firm also recently announced a monthly dividend, which will be paid on Wednesday, July 24th. Shareholders of record on Wednesday, July 17th will be issued a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.89%. The ex-dividend date of this dividend is Wednesday, July 17th.

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.