GAMCO Global Gold, Natural Resources & Income Trust $GGN Stake Raised by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its holdings in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 28.9% during the 2nd quarter, Holdings Channel.com reports. The fund owned 26,488 shares of the investment management company’s stock after purchasing an additional 5,941 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $116,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Truist Financial Corp raised its position in GAMCO Global Gold, Natural Resources & Income Trust by 4.6% in the second quarter. Truist Financial Corp now owns 86,862 shares of the investment management company’s stock worth $381,000 after acquiring an additional 3,808 shares in the last quarter. Janney Montgomery Scott LLC raised its position in GAMCO Global Gold, Natural Resources & Income Trust by 54.7% in the second quarter. Janney Montgomery Scott LLC now owns 671,537 shares of the investment management company’s stock worth $2,948,000 after acquiring an additional 237,541 shares in the last quarter. Acropolis Investment Management LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the second quarter worth about $53,000. Farther Finance Advisors LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the second quarter worth about $211,000. Finally, Integrity Alliance LLC. bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the first quarter worth about $165,000.

GAMCO Global Gold, Natural Resources & Income Trust Trading Up 1.6%

Shares of GAMCO Global Gold, Natural Resources & Income Trust stock opened at $4.94 on Friday. The company’s 50-day moving average price is $4.94 and its two-hundred day moving average price is $4.56. GAMCO Global Gold, Natural Resources & Income Trust has a 52 week low of $3.68 and a 52 week high of $5.31.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 12th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 7.3%.

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.