Baird Financial Group Inc. Boosts Holdings in GAMCO Global Gold, Natural Resources & Income Trust $GGN

Baird Financial Group Inc. increased its holdings in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 66.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,009 shares of the investment management company’s stock after purchasing an additional 33,170 shares during the period. Baird Financial Group Inc.’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $363,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in GGN. Elequin Capital LP bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter worth approximately $42,000. Texas Yale Capital Corp. bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the 1st quarter worth approximately $57,000. Modera Wealth Management LLC increased its stake in GAMCO Global Gold, Natural Resources & Income Trust by 25.5% in the 1st quarter. Modera Wealth Management LLC now owns 13,424 shares of the investment management company’s stock worth $59,000 after acquiring an additional 2,731 shares during the last quarter. Sheaff Brock Investment Advisors LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the 1st quarter worth approximately $61,000. Finally, Merit Financial Group LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the 1st quarter worth approximately $66,000.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

GAMCO Global Gold, Natural Resources & Income Trust stock opened at $4.93 on Friday. The business has a 50-day simple moving average of $4.59. GAMCO Global Gold, Natural Resources & Income Trust has a twelve month low of $3.68 and a twelve month high of $4.97.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 12th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a c) annualized dividend and a dividend yield of 7.3%.

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.