Eastern Bank Invests $682,000 in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Eastern Bank purchased a new stake in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 159,325 shares of the investment management company’s stock, valued at approximately $682,000.

A number of other hedge funds have also recently bought and sold shares of GGN. Atlas Private Wealth Advisors bought a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 2nd quarter worth about $40,000. Sanctuary Advisors LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the second quarter valued at about $44,000. StoneX Group Inc. acquired a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the first quarter valued at approximately $49,000. WestHill Financial Advisors Inc. acquired a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the third quarter valued at approximately $52,000. Finally, Creative Planning bought a new position in GAMCO Global Gold, Natural Resources & Income Trust during the 3rd quarter worth approximately $57,000.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

Shares of NYSEAMERICAN:GGN opened at $4.45 on Thursday. GAMCO Global Gold, Natural Resources & Income Trust has a 1-year low of $3.54 and a 1-year high of $4.46.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, November 21st. Investors of record on Thursday, November 14th will be issued a $0.03 dividend. This represents a $0.36 annualized dividend and a dividend yield of 8.10%. The ex-dividend date is Thursday, November 14th.

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.