Gamco Natural Resources Gold & Incm Trst (NYSE:GNT) Stock Crosses Above Fifty Day Moving Average of $5.88

Shares of Gamco Natural Resources Gold & Incm Trst (NYSE:GNT) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $5.88 and traded as high as $6.10. Gamco Natural Resources Gold & Incm Trst shares last traded at $6.03, with a volume of 4,397 shares trading hands.

The company’s fifty day simple moving average is $5.88 and its 200-day simple moving average is $5.76.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GNT. Commonwealth Equity Services LLC purchased a new position in Gamco Natural Resources Gold & Incm Trst in the third quarter worth $63,000. Alpine Group USVI LLC purchased a new position in Gamco Natural Resources Gold & Incm Trst in the third quarter worth $66,000. Janney Montgomery Scott LLC grew its holdings in Gamco Natural Resources Gold & Incm Trst by 21.1% in the second quarter. Janney Montgomery Scott LLC now owns 19,698 shares of the investment management company’s stock worth $115,000 after purchasing an additional 3,438 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Gamco Natural Resources Gold & Incm Trst in the third quarter worth $117,000. Finally, National Asset Management Inc. grew its holdings in Gamco Natural Resources Gold & Incm Trst by 25.8% in the second quarter. National Asset Management Inc. now owns 26,494 shares of the investment management company’s stock worth $155,000 after purchasing an additional 5,435 shares during the last quarter.

Gamco Natural Resources Gold & Incm Trst Company Profile (NYSE:GNT)

GAMCO Natural Resources, Gold & 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 public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities.

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