GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Position Reduced by Vanguard Capital Wealth Advisors

Vanguard Capital Wealth Advisors cut its position in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 28.9% during the 4th quarter, Holdings Channel reports. The firm owned 87,552 shares of the investment management company’s stock after selling 35,591 shares during the period. Vanguard Capital Wealth Advisors’ holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $330,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of GGN. Sovran Advisors LLC purchased a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter worth approximately $4,047,000. Raymond James Financial Inc. acquired a new position in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at $1,288,000. Wolverine Asset Management LLC acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter worth $1,075,000. Cornerstone Advisors LLC raised its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 1,017.9% during the fourth quarter. Cornerstone Advisors LLC now owns 191,201 shares of the investment management company’s stock valued at $721,000 after buying an additional 174,098 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 721.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 142,913 shares of the investment management company’s stock worth $539,000 after acquiring an additional 125,506 shares during the period.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

Shares of NYSEAMERICAN GGN opened at $4.18 on Tuesday. GAMCO Global Gold, Natural Resources & Income Trust has a one year low of $3.68 and a one year high of $4.48. The company has a fifty day moving average price of $4.23.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 16th will be issued a dividend of $0.03 per share. This represents a $0.36 dividend on an annualized basis and a yield of 8.61%. The ex-dividend date is Tuesday, September 16th.

GAMCO Global Gold, Natural Resources & Income Trust 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.