Capital Market Strategies LLC Raises Position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Capital Market Strategies LLC increased its holdings in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 50.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,402 shares of the investment management company’s stock after purchasing an additional 14,551 shares during the period. Capital Market Strategies LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $164,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Concourse Financial Group Securities Inc. raised its stake in GAMCO Global Gold, Natural Resources & Income Trust by 6.1% during the third quarter. Concourse Financial Group Securities Inc. now owns 41,180 shares of the investment management company’s stock worth $176,000 after purchasing an additional 2,350 shares during the period. Truist Financial Corp boosted its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 4.2% in the second quarter. Truist Financial Corp now owns 66,052 shares of the investment management company’s stock valued at $268,000 after acquiring an additional 2,654 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in GAMCO Global Gold, Natural Resources & Income Trust by 4.8% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 128,032 shares of the investment management company’s stock valued at $548,000 after acquiring an additional 5,899 shares during the period. Oppenheimer & Co. Inc. increased its stake in GAMCO Global Gold, Natural Resources & Income Trust by 6.8% during the third quarter. Oppenheimer & Co. Inc. now owns 111,300 shares of the investment management company’s stock worth $476,000 after acquiring an additional 7,100 shares during the last quarter. Finally, Farther Finance Advisors LLC purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter worth about $34,000.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

Shares of NYSEAMERICAN GGN remained flat at $3.92 during midday trading on Monday. The stock had a trading volume of 259,566 shares, compared to its average volume of 364,996. GAMCO Global Gold, Natural Resources & Income Trust has a fifty-two week low of $3.66 and a fifty-two week high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, January 16th will be paid a dividend of $0.03 per share. The ex-dividend date is Thursday, January 16th. This represents a $0.36 annualized dividend and a yield of 9.18%.

GAMCO Global Gold, Natural Resources & Income Trust Company 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.