Eastern Bank Increases Holdings in GAMCO Global Gold, Natural Resources & Income Trust $GGN

Eastern Bank lifted its holdings in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 74.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 384,930 shares of the investment management company’s stock after acquiring an additional 164,380 shares during the period. Eastern Bank’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $1,986,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. JGP Wealth Management LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the fourth quarter worth approximately $224,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at approximately $77,000. Kestra Private Wealth Services LLC lifted its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 7.5% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 131,622 shares of the investment management company’s stock valued at $679,000 after purchasing an additional 9,182 shares during the last quarter. Susquehanna International Group LLP purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter worth approximately $77,000. Finally, Raymond James Financial Inc. boosted its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 5.5% in the 3rd quarter. Raymond James Financial Inc. now owns 485,361 shares of the investment management company’s stock worth $2,502,000 after purchasing an additional 25,253 shares during the period.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

NYSEAMERICAN GGN opened at $5.24 on Monday. The business’s 50 day moving average price is $5.46 and its 200-day moving average price is $5.21. GAMCO Global Gold, Natural Resources & Income Trust has a fifty-two week low of $3.68 and a fifty-two week high of $5.88.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The company also recently disclosed 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 is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.9%.

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.