Capital Wealth Alliance LLC Boosts Stake in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Capital Wealth Alliance LLC grew its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 29.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 323,117 shares of the investment management company’s stock after purchasing an additional 74,289 shares during the quarter. Capital Wealth Alliance LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $1,218,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GGN. Sovran Advisors LLC purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 4th quarter worth approximately $4,047,000. Cetera Investment Advisers raised its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 9.8% during the 2nd quarter. Cetera Investment Advisers now owns 487,696 shares of the investment management company’s stock valued at $1,975,000 after purchasing an additional 43,328 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 21.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 434,077 shares of the investment management company’s stock worth $1,636,000 after acquiring an additional 77,550 shares during the period. Private Advisor Group LLC grew its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 72.1% during the 3rd quarter. Private Advisor Group LLC now owns 313,853 shares of the investment management company’s stock valued at $1,343,000 after buying an additional 131,497 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in GAMCO Global Gold, Natural Resources & Income Trust by 3.4% during the third quarter. Stifel Financial Corp now owns 254,619 shares of the investment management company’s stock valued at $1,090,000 after buying an additional 8,423 shares during the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

GAMCO Global Gold, Natural Resources & Income Trust stock opened at $4.15 on Tuesday. GAMCO Global Gold, Natural Resources & Income Trust has a 1 year low of $3.66 and a 1 year high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 21st. Shareholders of record on Thursday, February 13th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.67%.

GAMCO Global Gold, Natural Resources & Income Trust Profile

GAMCO Global Gold, Natural Resources & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related activities.