Osaic Holdings Inc. Grows Holdings in GAMCO Global Gold, Natural Resources & Income Trust $GGN

Osaic Holdings Inc. lifted its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 101.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 567,969 shares of the investment management company’s stock after buying an additional 286,667 shares during the period. Osaic Holdings Inc.’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $2,493,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GGN. Acropolis Investment Management LLC acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust during the second quarter worth $53,000. Moloney Securities Asset Management LLC purchased a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 2nd quarter worth $65,000. Stephens Inc. AR grew its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 92.2% during the 2nd quarter. Stephens Inc. AR now owns 19,220 shares of the investment management company’s stock worth $84,000 after purchasing an additional 9,220 shares during the period. Allworth Financial LP lifted its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 167.2% in the second quarter. Allworth Financial LP now owns 23,510 shares of the investment management company’s stock valued at $103,000 after purchasing an additional 14,711 shares during the period. Finally, Texas Yale Capital Corp. boosted its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 92.3% during the second quarter. Texas Yale Capital Corp. now owns 25,000 shares of the investment management company’s stock worth $110,000 after buying an additional 12,000 shares in the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

Shares of NYSEAMERICAN:GGN opened at $5.31 on Friday. The business’s 50 day simple moving average is $4.98 and its 200-day simple moving average is $4.80. GAMCO Global Gold, Natural Resources & Income Trust has a 12 month low of $3.68 and a 12 month high of $5.33.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.03 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date of this dividend is Tuesday, March 17th.

About GAMCO Global Gold, Natural Resources & Income Trust

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN: GGN) is a closed-end management investment company sponsored by GAMCO Investors, Inc The trust seeks to provide current income and secondarily capital appreciation by investing primarily in equity and income‐producing securities of gold, natural resource and other commodity-related issuers. Shares of GGN are traded on the NYSE American exchange, offering investors access to a diversified portfolio of companies involved in mining, energy production and related industries.

The fund’s portfolio typically includes common and preferred stocks, debt instruments, royalty interests and other income-producing securities issued by issuers engaged in exploration, extraction, processing and distribution of precious metals, energy and natural resources.