D.A. Davidson & CO. Sells 5,600 Shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

D.A. Davidson & CO. lowered its position in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 22.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,408 shares of the investment management company’s stock after selling 5,600 shares during the period. D.A. Davidson & CO.’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $85,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at about $1,288,000. HighTower Advisors LLC grew its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 122.8% in the 4th quarter. HighTower Advisors LLC now owns 61,721 shares of the investment management company’s stock valued at $233,000 after buying an additional 34,014 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 6.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 666,959 shares of the investment management company’s stock valued at $2,514,000 after buying an additional 41,687 shares during the last quarter. GWN Securities Inc. bought a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at about $44,000. Finally, Optimum Investment Advisors grew its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 1.4% in the 4th quarter. Optimum Investment Advisors now owns 240,418 shares of the investment management company’s stock valued at $906,000 after buying an additional 3,314 shares during the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

NYSEAMERICAN GGN opened at $4.49 on Friday. The company has a 50-day moving average of $4.38. GAMCO Global Gold, Natural Resources & Income Trust has a 12 month low of $3.68 and a 12 month high of $4.52.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 16th will be paid a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.02%. The ex-dividend date of this dividend is Tuesday, September 16th.

GAMCO Global Gold, Natural Resources & Income Trust Company Profile

GAMCO Global Gold, Natural Resources & 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 the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related activities.