The GDL Fund (NYSE:GDL) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Posted by Defense World Staff on Nov 29th, 2025

The GDL Fund (NYSE:GDL – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.42 and traded as high as $8.58. The GDL Fund shares last traded at $8.55, with a volume of 3,290 shares traded.

The GDL Fund Price Performance

The company has a 50 day moving average of $8.50 and a 200 day moving average of $8.42.

The GDL Fund Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Friday, December 12th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, December 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.6%.

Institutional Trading of The GDL Fund

Several large investors have recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new position in shares of The GDL Fund in the first quarter valued at approximately $90,000. NewEdge Advisors LLC increased its holdings in The GDL Fund by 1.5% during the 1st quarter. NewEdge Advisors LLC now owns 126,162 shares of the investment management company’s stock valued at $1,039,000 after purchasing an additional 1,840 shares in the last quarter. Park Avenue Securities LLC bought a new position in The GDL Fund in the 2nd quarter valued at $715,000. Matisse Capital acquired a new position in The GDL Fund in the second quarter worth $141,000. Finally, Raymond James Financial Inc. bought a new stake in shares of The GDL Fund during the second quarter worth $29,000.

The GDL Fund Company Profile

(Get Free Report)

The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts.