Cwm LLC Acquires 3,201 Shares of The Gabelli Dividend & Income Trust (NYSE:GDV)

Cwm LLC increased its holdings in The Gabelli Dividend & Income Trust (NYSE:GDV) by 223.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,633 shares of the financial services provider’s stock after purchasing an additional 3,201 shares during the period. Cwm LLC’s holdings in The Gabelli Dividend & Income Trust were worth $100,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. NBC Securities Inc. bought a new stake in shares of The Gabelli Dividend & Income Trust in the third quarter worth approximately $200,000. Centurion Wealth Management LLC purchased a new stake in The Gabelli Dividend & Income Trust during the 4th quarter valued at $210,000. Private Advisor Group LLC lifted its holdings in shares of The Gabelli Dividend & Income Trust by 5.9% during the 3rd quarter. Private Advisor Group LLC now owns 13,798 shares of the financial services provider’s stock valued at $268,000 after buying an additional 772 shares during the period. Fifth Third Bancorp boosted its stake in shares of The Gabelli Dividend & Income Trust by 42.9% in the 3rd quarter. Fifth Third Bancorp now owns 14,292 shares of the financial services provider’s stock worth $278,000 after buying an additional 4,292 shares during the last quarter. Finally, Gables Capital Management Inc. bought a new stake in shares of The Gabelli Dividend & Income Trust in the third quarter worth $295,000.

The Gabelli Dividend & Income Trust Trading Up 0.2 %

The Gabelli Dividend & Income Trust stock opened at $22.12 on Tuesday. The stock has a fifty day moving average of $22.29 and a 200 day moving average of $21.28. The Gabelli Dividend & Income Trust has a one year low of $18.04 and a one year high of $23.00.

The Gabelli Dividend & Income Trust Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 23rd. Stockholders of record on Tuesday, April 16th were paid a $0.11 dividend. This represents a dividend yield of 6.01%. The ex-dividend date of this dividend was Monday, April 15th.

About The Gabelli Dividend & Income Trust

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.