Wolverine Asset Management LLC Purchases Shares of 614,668 GAMCO Global Gold, Natural Resources & Income Trust $GGN

Wolverine Asset Management LLC purchased a new stake in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 614,668 shares of the investment management company’s stock, valued at approximately $3,172,000.

Several other institutional investors and hedge funds have also recently modified their holdings of GGN. Eastern Bank raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 74.5% in the 4th quarter. Eastern Bank now owns 384,930 shares of the investment management company’s stock valued at $1,986,000 after acquiring an additional 164,380 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 23.4% in the 3rd quarter. Private Advisor Group LLC now owns 707,202 shares of the investment management company’s stock valued at $3,646,000 after acquiring an additional 134,315 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 40.7% in the 2nd quarter. Raymond James Financial Inc. now owns 460,108 shares of the investment management company’s stock valued at $2,020,000 after acquiring an additional 133,037 shares in the last quarter. Newbridge Financial Services Group Inc. raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 230.1% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 189,582 shares of the investment management company’s stock valued at $977,000 after acquiring an additional 132,145 shares in the last quarter. Finally, Compound Planning Inc. raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 434.2% in the 3rd quarter. Compound Planning Inc. now owns 162,509 shares of the investment management company’s stock valued at $838,000 after acquiring an additional 132,087 shares in the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

NYSEAMERICAN:GGN opened at $5.23 on Tuesday. The business’s 50-day moving average price is $5.42 and its two-hundred day moving average price is $5.26. GAMCO Global Gold, Natural Resources & Income Trust has a twelve month low of $4.15 and a twelve month high of $5.88.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 23rd. Shareholders 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 6.9%.

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.