Guggenheim Capital LLC Purchases 9,259 Shares of The Gabelli Dividend & Income Trust (NYSE:GDV)

Guggenheim Capital LLC boosted its holdings in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) by 19.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 57,021 shares of the financial services provider’s stock after purchasing an additional 9,259 shares during the period. Guggenheim Capital LLC’s holdings in The Gabelli Dividend & Income Trust were worth $1,377,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. raised its position in shares of The Gabelli Dividend & Income Trust by 75.6% during the fourth quarter. Russell Investments Group Ltd. now owns 1,103 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 475 shares during the period. Jones Financial Companies Lllp acquired a new stake in The Gabelli Dividend & Income Trust during the 4th quarter worth approximately $28,000. IFP Advisors Inc lifted its stake in The Gabelli Dividend & Income Trust by 1,425.3% in the fourth quarter. IFP Advisors Inc now owns 1,205 shares of the financial services provider’s stock valued at $29,000 after buying an additional 1,126 shares in the last quarter. US Bancorp DE acquired a new position in shares of The Gabelli Dividend & Income Trust in the fourth quarter valued at approximately $39,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of The Gabelli Dividend & Income Trust during the third quarter worth $180,000.

The Gabelli Dividend & Income Trust Stock Down 2.0 %

GDV opened at $22.05 on Tuesday. The firm’s fifty day simple moving average is $23.76 and its 200 day simple moving average is $24.39. The Gabelli Dividend & Income Trust has a 12 month low of $20.10 and a 12 month high of $25.67.

The Gabelli Dividend & Income Trust Announces Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, April 23rd. Investors of record on Tuesday, April 15th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Tuesday, April 15th.

The Gabelli Dividend & Income Trust Profile

The Gabelli Dividend & 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 public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.