Raymond James Financial Inc. Purchases Shares of 13,564 The Gabelli Global Utility & Income Trust (NYSE:GLU)

Raymond James Financial Inc. purchased a new stake in shares of The Gabelli Global Utility & Income Trust (NYSE:GLU) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 13,564 shares of the company’s stock, valued at approximately $203,000.

Separately, LPL Financial LLC raised its position in The Gabelli Global Utility & Income Trust by 19.7% during the fourth quarter. LPL Financial LLC now owns 22,119 shares of the company’s stock valued at $332,000 after purchasing an additional 3,638 shares in the last quarter.

The Gabelli Global Utility & Income Trust Stock Performance

NYSE GLU opened at $16.75 on Tuesday. The stock’s 50-day simple moving average is $15.93 and its two-hundred day simple moving average is $15.83. The Gabelli Global Utility & Income Trust has a twelve month low of $13.42 and a twelve month high of $17.44.

The Gabelli Global Utility & Income Trust Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Tuesday, April 15th were paid a dividend of $0.10 per share. The ex-dividend date was Tuesday, April 15th.

The Gabelli Global Utility & Income Trust Company Profile

The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.