Kingswood Wealth Advisors LLC Reduces Holdings in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT)

Kingswood Wealth Advisors LLC decreased its position in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNTFree Report) by 5.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,000 shares of the investment management company’s stock after selling 2,000 shares during the period. Kingswood Wealth Advisors LLC’s holdings in GAMCO Natural Resources, Gold & Income Trust were worth $167,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in GNT. Mutual Advisors LLC purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the 4th quarter valued at approximately $62,000. Fortitude Family Office LLC purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the 4th quarter valued at approximately $139,000. International Assets Investment Management LLC purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the 4th quarter valued at approximately $611,000. Cornerstone Advisors LLC grew its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 44.9% in the 4th quarter. Cornerstone Advisors LLC now owns 125,399 shares of the investment management company’s stock valued at $645,000 after buying an additional 38,885 shares during the period. Finally, Raymond James & Associates grew its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 2.1% in the 4th quarter. Raymond James & Associates now owns 201,054 shares of the investment management company’s stock valued at $1,033,000 after buying an additional 4,208 shares during the period.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. acquired 25,352 shares of the stock in a transaction that occurred on Thursday, June 20th. The stock was purchased at an average price of $5.38 per share, with a total value of $136,393.76. Following the transaction, the insider now owns 1,804,425 shares of the company’s stock, valued at approximately $9,707,806.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders purchased 83,484 shares of company stock valued at $455,895.

GAMCO Natural Resources, Gold & Income Trust Price Performance

GAMCO Natural Resources, Gold & Income Trust stock opened at $5.49 on Friday. The firm has a 50 day simple moving average of $5.39 and a 200-day simple moving average of $5.19. GAMCO Natural Resources, Gold & Income Trust has a 1-year low of $4.59 and a 1-year high of $5.59.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 24th. Investors of record on Wednesday, July 17th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Wednesday, July 17th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.56%.

GAMCO Natural Resources, Gold & Income Trust Profile

(Free Report)

GAMCO Natural Resources, Gold & 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 across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities.

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Institutional Ownership by Quarter for GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT)

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