Stratos Wealth Partners LTD. Decreases Position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Stratos Wealth Partners LTD. lowered its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 53.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,527 shares of the investment management company’s stock after selling 42,284 shares during the period. Stratos Wealth Partners LTD.’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $164,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. StoneX Group Inc. boosted its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 12.8% in the 4th quarter. StoneX Group Inc. now owns 22,465 shares of the investment management company’s stock valued at $85,000 after purchasing an additional 2,545 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 5.8% during the 4th quarter. Baird Financial Group Inc. now owns 49,839 shares of the investment management company’s stock worth $188,000 after acquiring an additional 2,738 shares during the last quarter. Total Wealth Planning & Management Inc. raised its position in GAMCO Global Gold, Natural Resources & Income Trust by 3.1% in the 1st quarter. Total Wealth Planning & Management Inc. now owns 101,726 shares of the investment management company’s stock worth $445,000 after purchasing an additional 3,025 shares during the period. Optimum Investment Advisors raised its position in 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 worth $906,000 after purchasing an additional 3,314 shares during the period. Finally, DF Dent & Co. Inc. raised its position in GAMCO Global Gold, Natural Resources & Income Trust by 20.5% in the 4th quarter. DF Dent & Co. Inc. now owns 23,470 shares of the investment management company’s stock worth $88,000 after purchasing an additional 4,000 shares during the period.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

GGN stock opened at $4.50 on Thursday. The company has a 50-day moving average price of $4.39. GAMCO Global Gold, Natural Resources & Income Trust has a 12-month low of $3.68 and a 12-month high of $4.53.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Tuesday, September 16th will be given a dividend of $0.03 per share. This represents a $0.36 annualized dividend and a dividend yield of 8.00%. The ex-dividend date is Tuesday, September 16th.

GAMCO Global Gold, Natural Resources & Income Trust 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.