GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Declares Monthly Dividend of $0.04

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) declared a monthly dividend on Wednesday, November 11th. Shareholders of record on Thursday, February 11th will be paid a dividend of $0.0350 per share by the investment management company on Friday, February 19th. This represents a $0.42 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Thursday, February 11th.

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

Shares of NYSEAMERICAN:GGN opened at $5.18 on Thursday. The firm’s 50 day simple moving average is $5.32 and its 200-day simple moving average is $5.28. GAMCO Global Gold, Natural Resources & Income Trust has a one year low of $4.69 and a one year high of $5.88.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Baird Financial Group Inc. increased its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 2.8% during the 2nd quarter. Baird Financial Group Inc. now owns 83,877 shares of the investment management company’s stock worth $406,000 after purchasing an additional 2,261 shares during the period. HighTower Advisors LLC lifted its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 21.4% in the 3rd quarter. HighTower Advisors LLC now owns 15,191 shares of the investment management company’s stock worth $80,000 after buying an additional 2,680 shares during the period. Wedbush Securities Inc. grew its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 6.6% during the 3rd quarter. Wedbush Securities Inc. now owns 52,356 shares of the investment management company’s stock worth $276,000 after buying an additional 3,252 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 3.0% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 112,930 shares of the investment management company’s stock worth $547,000 after buying an additional 3,322 shares in the last quarter. Finally, Assetmark Inc. grew its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 40.0% during the 1st quarter. Assetmark Inc. now owns 14,556 shares of the investment management company’s stock worth $77,000 after buying an additional 4,156 shares in the last quarter.

About GAMCO Global Gold, Natural Resources & Income Trust

GAMCO Global Gold, Natural Resources & Income Trust is a closed-end investment company listed on the NYSE American under the symbol GGN. The fund seeks to provide a high level of current income while also pursuing long-term capital appreciation through investments in companies involved in gold and other natural-resource industries. The fund invests primarily in equity securities of businesses engaged in the exploration, development, production, processing, or distribution of gold and other natural resources.