Atria Wealth Solutions Inc. Sells 8,661 Shares of Gabelli Equity Trust Inc. (NYSE:GAB)

Atria Wealth Solutions Inc. decreased its stake in shares of Gabelli Equity Trust Inc. (NYSE:GAB) by 9.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,415 shares of the financial services provider’s stock after selling 8,661 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Gabelli Equity Trust were worth $476,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Janney Montgomery Scott LLC raised its holdings in shares of Gabelli Equity Trust by 93.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 138,210 shares of the financial services provider’s stock valued at $762,000 after purchasing an additional 66,772 shares in the last quarter. Leigh Baldwin & CO. LLC bought a new stake in shares of Gabelli Equity Trust in the 4th quarter valued at about $463,000. Golden State Wealth Management LLC raised its holdings in shares of Gabelli Equity Trust by 90.8% in the 1st quarter. Golden State Wealth Management LLC now owns 1,037,271 shares of the financial services provider’s stock valued at $5,715,000 after purchasing an additional 493,510 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Gabelli Equity Trust by 60.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 140,181 shares of the financial services provider’s stock valued at $754,000 after purchasing an additional 52,691 shares in the last quarter. Finally, J.W. Cole Advisors Inc. raised its holdings in shares of Gabelli Equity Trust by 3,654.1% in the 1st quarter. J.W. Cole Advisors Inc. now owns 720,307 shares of the financial services provider’s stock valued at $3,969,000 after purchasing an additional 701,120 shares in the last quarter. Institutional investors own 7.24% of the company’s stock.

Gabelli Equity Trust Stock Performance

NYSE:GAB opened at $6.01 on Thursday. Gabelli Equity Trust Inc. has a one year low of $4.50 and a one year high of $6.01. The firm has a 50-day simple moving average of $5.84 and a 200-day simple moving average of $5.63.

Gabelli Equity Trust Profile

The Gabelli Equity Trust Inc 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 of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights.