Janney Montgomery Scott LLC Boosts Stock Holdings in GAMCO Global Gold, Natural Resources & Income Trust $GGN

Janney Montgomery Scott LLC boosted its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 54.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 671,537 shares of the investment management company’s stock after acquiring an additional 237,541 shares during the period. Janney Montgomery Scott LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $2,948,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Merit Financial Group LLC purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 1st quarter worth $66,000. Medici Capital LLC purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 1st quarter worth $315,000. Insigneo Advisory Services LLC purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 1st quarter worth $172,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 3.4% in the 1st quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 134,967 shares of the investment management company’s stock worth $586,000 after buying an additional 4,484 shares in the last quarter. Finally, Spire Wealth Management grew its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 23.2% in the 1st quarter. Spire Wealth Management now owns 23,423 shares of the investment management company’s stock worth $102,000 after buying an additional 4,413 shares in the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

Shares of NYSEAMERICAN:GGN opened at $5.25 on Thursday. GAMCO Global Gold, Natural Resources & Income Trust has a 52 week low of $3.68 and a 52 week high of $5.25. The firm has a fifty day simple moving average of $4.82 and a two-hundred day simple moving average of $4.50.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The firm 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 $0.03 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Friday, December 12th.

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.