Janney Montgomery Scott LLC Acquires 237,541 Shares of GAMCO Global Gold, Natural Resources & Income Trust $GGN

Janney Montgomery Scott LLC increased its position in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 54.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 671,537 shares of the investment management company’s stock after purchasing an additional 237,541 shares during the period. Janney Montgomery Scott LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $2,948,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of GGN. Acropolis Investment Management LLC bought a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 2nd quarter valued at $53,000. Texas Yale Capital Corp. bought a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 1st quarter valued at $57,000. Modera Wealth Management LLC raised its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 25.5% during the 1st quarter. Modera Wealth Management LLC now owns 13,424 shares of the investment management company’s stock valued at $59,000 after purchasing an additional 2,731 shares during the period. Sheaff Brock Investment Advisors LLC bought a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 1st quarter valued at $61,000. Finally, Merit Financial Group LLC bought a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 1st quarter valued at $66,000.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

Shares of GGN stock opened at $5.25 on Thursday. GAMCO Global Gold, Natural Resources & Income Trust has a one year low of $3.68 and a one year high of $5.25. The company’s fifty day moving average price is $4.82 and its 200-day moving average price is $4.50.

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. Investors of record on Friday, December 12th will be paid a dividend of $0.03 per share. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Friday, December 12th.

About GAMCO Global Gold, Natural Resources & Income Trust

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.