Consolidated Portfolio Review Corp Sells 576 Shares of The Gabelli Dividend & Income Trust (NYSE:GDV)

Consolidated Portfolio Review Corp trimmed its holdings in The Gabelli Dividend & Income Trust (NYSE:GDV) by 2.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,170 shares of the financial services provider’s stock after selling 576 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in The Gabelli Dividend & Income Trust were worth $680,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC raised its stake in shares of The Gabelli Dividend & Income Trust by 2,345.0% in the third quarter. International Assets Investment Management LLC now owns 352,080 shares of the financial services provider’s stock worth $8,608,000 after acquiring an additional 337,680 shares during the last quarter. Private Advisor Group LLC raised its position in The Gabelli Dividend & Income Trust by 2.9% in the 3rd quarter. Private Advisor Group LLC now owns 168,095 shares of the financial services provider’s stock worth $4,110,000 after purchasing an additional 4,689 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in The Gabelli Dividend & Income Trust by 0.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 160,640 shares of the financial services provider’s stock worth $3,928,000 after buying an additional 864 shares in the last quarter. Wolverine Asset Management LLC boosted its position in The Gabelli Dividend & Income Trust by 9.6% in the 3rd quarter. Wolverine Asset Management LLC now owns 158,151 shares of the financial services provider’s stock valued at $3,867,000 after buying an additional 13,834 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its stake in shares of The Gabelli Dividend & Income Trust by 5.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 154,454 shares of the financial services provider’s stock valued at $3,863,000 after buying an additional 8,457 shares during the period.

The Gabelli Dividend & Income Trust Stock Performance

GDV stock opened at $25.07 on Friday. The Gabelli Dividend & Income Trust has a twelve month low of $21.44 and a twelve month high of $25.67. The business has a fifty day moving average of $24.74 and a 200-day moving average of $24.31.

The Gabelli Dividend & Income Trust Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 17th were issued a dividend of $0.14 per share. The ex-dividend date was Thursday, January 16th. This represents a yield of 6.84%.

Insider Buying and Selling at The Gabelli Dividend & Income Trust

In other The Gabelli Dividend & Income Trust news, insider Mario J. Gabelli purchased 2,300 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The stock was acquired at an average cost of $24.83 per share, with a total value of $57,109.00. Following the completion of the purchase, the insider now directly owns 145,812 shares in the company, valued at approximately $3,620,511.96. This represents a 1.60 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

The Gabelli Dividend & Income Trust 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.