GAMCO Global Gold, Natural Resources & Income Trust $GGN Stock Position Raised by Compound Planning Inc.

Compound Planning Inc. increased its position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 434.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 162,509 shares of the investment management company’s stock after buying an additional 132,087 shares during the period. Compound Planning Inc.’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $838,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GGN. HM Payson & Co. bought a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 3rd quarter valued at $46,000. Assetmark Inc. increased its position in GAMCO Global Gold, Natural Resources & Income Trust by 166.7% during the third quarter. Assetmark Inc. now owns 10,400 shares of the investment management company’s stock worth $54,000 after buying an additional 6,500 shares during the last quarter. Tactive Advisors LLC acquired a new position in GAMCO Global Gold, Natural Resources & Income Trust during the third quarter worth $56,000. CoreCap Advisors LLC raised its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 200.0% during the third quarter. CoreCap Advisors LLC now owns 12,000 shares of the investment management company’s stock valued at $62,000 after buying an additional 8,000 shares in the last quarter. Finally, Acropolis Investment Management LLC lifted its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 31.0% in the third quarter. Acropolis Investment Management LLC now owns 15,725 shares of the investment management company’s stock worth $81,000 after buying an additional 3,725 shares during the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

Shares of NYSEAMERICAN GGN opened at $5.76 on Friday. The business’s 50-day simple moving average is $5.42 and its 200-day simple moving average is $5.10. GAMCO Global Gold, Natural Resources & Income Trust has a 52 week low of $3.68 and a 52 week high of $5.77.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 15th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.3%.

GAMCO Global Gold, Natural Resources & Income Trust Profile

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.