Cornerstone Advisors LLC Boosts Stake in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Cornerstone Advisors LLC boosted its holdings in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 1,017.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 191,201 shares of the investment management company’s stock after buying an additional 174,098 shares during the quarter. Cornerstone Advisors LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $721,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the third quarter worth about $34,000. Stephens Inc. AR bought a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter worth approximately $38,000. Root Financial Partners LLC purchased a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter worth $39,000. Captrust Financial Advisors bought a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 3rd quarter valued at $52,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 3rd quarter valued at $56,000.

GAMCO Global Gold, Natural Resources & Income Trust Stock Down 1.2 %

Shares of GGN stock opened at $4.06 on Tuesday. GAMCO Global Gold, Natural Resources & Income Trust has a 52-week low of $3.71 and a 52-week 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 Monday, June 23rd. Investors of record on Friday, June 13th will be given a $0.03 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.36 dividend on an annualized basis and a yield of 8.87%.

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.