GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Share Price Passes Below 200-Day Moving Average – What’s Next?

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.72 and traded as low as $5.37. GAMCO Natural Resources, Gold & Income Trust shares last traded at $5.37, with a volume of 38,852 shares changing hands.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

The stock has a 50 day moving average of $5.78 and a 200 day moving average of $5.72.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, January 16th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, January 16th. This represents a $0.48 annualized dividend and a dividend yield of 8.87%.

Institutional Trading of GAMCO Natural Resources, Gold & Income Trust

Hedge funds have recently bought and sold shares of the company. Stephens Inc. AR increased its position in GAMCO Natural Resources, Gold & Income Trust by 21.9% in the 3rd quarter. Stephens Inc. AR now owns 13,210 shares of the investment management company’s stock valued at $78,000 after acquiring an additional 2,375 shares during the period. Blue Bell Private Wealth Management LLC increased its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 134.7% during the second quarter. Blue Bell Private Wealth Management LLC now owns 17,590 shares of the investment management company’s stock valued at $97,000 after purchasing an additional 10,095 shares during the period. Quarry LP bought a new stake in shares of GAMCO Natural Resources, Gold & Income Trust during the third quarter valued at about $151,000. Chevy Chase Trust Holdings LLC acquired a new stake in GAMCO Natural Resources, Gold & Income Trust in the third quarter worth about $176,000. Finally, Oxbow Advisors LLC bought a new position in GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter valued at about $226,000.

GAMCO Natural Resources, Gold & Income Trust Company Profile

GAMCO Natural Resources, Gold & 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 across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities.