341,439 Shares in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 341,439 shares of the investment management company’s stock, valued at approximately $1,806,000.

A number of other hedge funds have also made changes to their positions in the stock. PFG Investments LLC lifted 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 worth $528,000 after buying an additional 54,526 shares during the last quarter. Wolverine Asset Management LLC bought a new stake in GAMCO Natural Resources, Gold & Income Trust in the fourth quarter valued at about $236,000. Absolute Investment Advisers LLC acquired a new stake in GAMCO Natural Resources, Gold & Income Trust in the 4th quarter valued at $228,000. Kingswood Wealth Advisors LLC acquired a new position in GAMCO Natural Resources, Gold & Income Trust in the fourth quarter valued at about $190,000. Finally, RFG Advisory LLC bought a new position in GAMCO Natural Resources, Gold & Income Trust in the 4th quarter valued at $170,000.

Insider Activity at GAMCO Natural Resources, Gold & Income Trust

In other news, major shareholder Saba Capital Management, L.P. sold 33,712 shares of GAMCO Natural Resources, Gold & Income Trust stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of $6.01, for a total value of $202,609.12. Following the sale, the insider now directly owns 1,769,884 shares in the company, valued at $10,637,002.84. This trade represents a 1.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 80,987 shares of company stock worth $485,382 in the last quarter.

GAMCO Natural Resources, Gold & Income Trust Price Performance

Shares of GAMCO Natural Resources, Gold & Income Trust stock opened at $5.90 on Friday. GAMCO Natural Resources, Gold & Income Trust has a fifty-two week low of $5.02 and a fifty-two week high of $6.16. The firm has a 50 day simple moving average of $5.87 and a 200 day simple moving average of $5.78.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Tuesday, April 15th were paid a $0.04 dividend. The ex-dividend date was Tuesday, April 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.14%.

About GAMCO Natural Resources, Gold & Income Trust

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.