Sigma Planning Corp Decreases Stock Holdings in The Gabelli Dividend & Income Trust (NYSE:GDV)

Sigma Planning Corp lowered its position in The Gabelli Dividend & Income Trust (NYSE:GDV) by 62.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,735 shares of the financial services provider’s stock after selling 16,093 shares during the period. Sigma Planning Corp’s holdings in The Gabelli Dividend & Income Trust were worth $211,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. boosted its stake in The Gabelli Dividend & Income Trust by 2.7% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 145,849 shares of the financial services provider’s stock valued at $2,835,000 after acquiring an additional 3,772 shares in the last quarter. Dakota Wealth Management increased its position in The Gabelli Dividend & Income Trust by 6.5% during the 3rd quarter. Dakota Wealth Management now owns 34,215 shares of the financial services provider’s stock valued at $665,000 after buying an additional 2,080 shares in the last quarter. Kennedy Investment Group raised its stake in The Gabelli Dividend & Income Trust by 1.5% in the third quarter. Kennedy Investment Group now owns 42,637 shares of the financial services provider’s stock valued at $829,000 after buying an additional 641 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in The Gabelli Dividend & Income Trust by 7.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 648,583 shares of the financial services provider’s stock worth $12,608,000 after acquiring an additional 46,972 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC grew its stake in shares of The Gabelli Dividend & Income Trust by 5.5% during the third quarter. Blue Bell Private Wealth Management LLC now owns 73,423 shares of the financial services provider’s stock worth $1,427,000 after acquiring an additional 3,853 shares during the last quarter.

The Gabelli Dividend & Income Trust Stock Performance

GDV opened at $22.06 on Tuesday. The firm’s 50-day moving average price is $22.32 and its 200-day moving average price is $21.20. The Gabelli Dividend & Income Trust has a 52-week low of $18.04 and a 52-week high of $23.00.

The Gabelli Dividend & Income Trust Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 16th were issued a $0.11 dividend. The ex-dividend date was Monday, April 15th. This represents a dividend yield of 6.01%.

The Gabelli Dividend & Income Trust Company Profile

The Gabelli Dividend & 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 of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.