GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT – Get Free Report) major shareholder Saba Capital Management, L.P. sold 54,055 shares of the firm’s stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $6.47, for a total value of $349,735.85. Following the transaction, the insider owned 1,607,650 shares of the company’s stock, valued at $10,401,495.50. This trade represents a 3.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Saba Capital Management, L.P. also recently made the following trade(s):
- On Thursday, July 10th, Saba Capital Management, L.P. sold 674 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $6.46, for a total transaction of $4,354.04.
- On Monday, July 7th, Saba Capital Management, L.P. sold 31,293 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $6.43, for a total value of $201,213.99.
- On Friday, June 27th, Saba Capital Management, L.P. sold 13,277 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.27, for a total transaction of $83,246.79.
- On Wednesday, June 25th, Saba Capital Management, L.P. sold 4,029 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $6.28, for a total transaction of $25,302.12.
- On Tuesday, June 24th, Saba Capital Management, L.P. sold 1,875 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $6.28, for a total transaction of $11,775.00.
- On Monday, June 23rd, Saba Capital Management, L.P. sold 4,497 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $6.45, for a total transaction of $29,005.65.
- On Friday, June 20th, Saba Capital Management, L.P. sold 12,616 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.47, for a total value of $81,625.52.
- On Wednesday, June 18th, Saba Capital Management, L.P. sold 2,172 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.50, for a total value of $14,118.00.
- On Tuesday, June 17th, Saba Capital Management, L.P. sold 4,607 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.55, for a total transaction of $30,175.85.
- On Monday, June 16th, Saba Capital Management, L.P. sold 9,080 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $6.52, for a total transaction of $59,201.60.
GAMCO Natural Resources, Gold & Income Trust Trading Down 0.4%
NYSE GNT opened at $6.42 on Tuesday. The business’s 50-day moving average price is $6.29 and its two-hundred day moving average price is $5.96. GAMCO Natural Resources, Gold & Income Trust has a 12 month low of $5.02 and a 12 month high of $6.62.
GAMCO Natural Resources, Gold & Income Trust Announces Dividend
Institutional Trading of GAMCO Natural Resources, Gold & Income Trust
Hedge funds have recently bought and sold shares of the business. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in GAMCO Natural Resources, Gold & Income Trust during the 4th quarter valued at about $70,000. Alteri Wealth LLC purchased a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the fourth quarter valued at approximately $75,000. Samalin Investment Counsel LLC bought a new stake in GAMCO Natural Resources, Gold & Income Trust during the fourth quarter worth $93,000. Integrity Alliance LLC. purchased a new stake in GAMCO Natural Resources, Gold & Income Trust in the 1st quarter valued at $148,000. Finally, International Assets Investment Management LLC lifted its stake in GAMCO Natural Resources, Gold & Income Trust by 8.1% during the 1st quarter. International Assets Investment Management LLC now owns 26,556 shares of the investment management company’s stock valued at $162,000 after acquiring an additional 2,000 shares in the last quarter.
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.
See Also
- Five stocks we like better than GAMCO Natural Resources, Gold & Income Trust
- What is a support level?
- These 3 Undervalued Stocks Could Surge as Value Rotation Nears
- What Are Growth Stocks and Investing in Them
- Tilray Shares Blazing: What’s Behind the 55% Rally This Month?
- Investing in Construction Stocks
- 3 Retail Stocks to Watch as Back-to-School Spending Ramps Up
Receive News & Ratings for GAMCO Natural Resources Gold & Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GAMCO Natural Resources Gold & Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.