GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $5.77 and traded as low as $5.77. GAMCO Natural Resources, Gold & Income Trust shares last traded at $5.81, with a volume of 26,040 shares trading hands.

GAMCO Natural Resources, Gold & Income Trust Price Performance

The firm has a 50 day simple moving average of $5.68 and a 200-day simple moving average of $5.77.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 23rd. Shareholders of record on Friday, June 13th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.48 annualized dividend and a yield of 8.26%.

Institutional Trading of GAMCO Natural Resources, Gold & Income Trust

Several institutional investors and hedge funds have recently bought and sold shares of GNT. Raymond James Financial Inc. bought a new stake in GAMCO Natural Resources, Gold & Income Trust in the fourth quarter valued at approximately $1,806,000. International Assets Investment Management LLC grew its position in shares of GAMCO Natural Resources, Gold & Income Trust by 434.2% in the third quarter. International Assets Investment Management LLC now owns 136,513 shares of the investment management company’s stock valued at $801,000 after purchasing an additional 110,957 shares during the last quarter. PFG Investments LLC grew its position in shares of GAMCO Natural Resources, Gold & Income Trust by 120.5% in the fourth quarter. PFG Investments LLC now owns 99,784 shares of the investment management company’s stock valued at $528,000 after purchasing an additional 54,526 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the fourth quarter valued at approximately $236,000. Finally, Absolute Investment Advisers LLC acquired a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the fourth quarter valued at approximately $228,000.

GAMCO Natural Resources, Gold & Income Trust Company Profile

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.