Allspring Global Investments Holdings LLC Has $20 Million Holdings in The Gabelli Dividend & Income Trust $GDV

Allspring Global Investments Holdings LLC lifted its holdings in The Gabelli Dividend & Income Trust (NYSE:GDV) by 8.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 742,797 shares of the financial services provider’s stock after purchasing an additional 55,550 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in The Gabelli Dividend & Income Trust were worth $20,004,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Larson Financial Group LLC bought a new stake in The Gabelli Dividend & Income Trust during the third quarter worth about $30,000. CIBC Private Wealth Group LLC bought a new position in shares of The Gabelli Dividend & Income Trust in the third quarter valued at $38,000. Hilton Head Capital Partners LLC acquired a new position in The Gabelli Dividend & Income Trust during the fourth quarter worth $44,000. US Bancorp DE bought a new stake in shares of The Gabelli Dividend & Income Trust in the 3rd quarter valued at about $43,000. Finally, Geneos Wealth Management Inc. acquired a new stake in The Gabelli Dividend & Income Trust in the 1st quarter valued at about $55,000.

The Gabelli Dividend & Income Trust Trading Up 0.9%

The Gabelli Dividend & Income Trust stock opened at $29.59 on Wednesday. The Gabelli Dividend & Income Trust has a 52 week low of $25.75 and a 52 week high of $30.16. The stock has a 50-day simple moving average of $29.24 and a 200 day simple moving average of $28.68.

The Gabelli Dividend & Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 16th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a c) annualized dividend and a dividend yield of 6.1%.

The Gabelli Dividend & Income Trust Profile

The Gabelli Dividend & Income Trust (NYSE: GDV) is a diversified, closed-end management investment company organized in 1993 and based in Rye, New York. Managed by Gabelli Funds, LLC—a subsidiary of GAMCO Investors, Inc—the trust seeks to provide a high level of current dividend income while preserving prospects for capital appreciation. It is listed on the New York Stock Exchange and attracts investors looking for regular distributions and potential long-term total return.

The trust’s primary investment focus is on dividend-paying common stocks of U.S.