Saba Capital Management, L.P. Sells 2,172 Shares of GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Stock

Posted by Casey Walker on Jun 26th, 2025

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT – Get Free Report) major shareholder Saba Capital Management, L.P. sold 2,172 shares of GAMCO Natural Resources, Gold & Income Trust stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $6.50, for a total value of $14,118.00. Following the transaction, the insider now owns 1,729,966 shares of the company’s stock, valued at $11,244,779. The trade was a 0.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Monday, June 23rd, Saba Capital Management, L.P. sold 4,497 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.45, for a total value of $29,005.65.
On Friday, June 20th, Saba Capital Management, L.P. sold 12,616 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.47, for a total value of $81,625.52.
On Tuesday, June 17th, Saba Capital Management, L.P. sold 4,607 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.55, for a total value of $30,175.85.
On Monday, June 16th, Saba Capital Management, L.P. sold 9,080 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.52, for a total value of $59,201.60.
On Wednesday, April 16th, Saba Capital Management, L.P. sold 24,059 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.10, for a total value of $146,759.90.
On Thursday, April 3rd, Saba Capital Management, L.P. sold 33,712 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.01, for a total value of $202,609.12.
On Tuesday, April 1st, Saba Capital Management, L.P. sold 2,581 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.11, for a total value of $15,769.91.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

NYSE:GNT opened at $6.26 on Thursday. GAMCO Natural Resources, Gold & Income Trust has a 52 week low of $5.02 and a 52 week high of $6.62. The stock’s 50-day moving average price is $6.18 and its 200-day moving average price is $5.89.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 16th will be given a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.67%. The ex-dividend date is Tuesday, September 16th.

Institutional Investors Weigh In On GAMCO Natural Resources, Gold & Income Trust

Several institutional investors have recently bought and sold shares of GNT. Private Advisor Group LLC boosted its holdings in GAMCO Natural Resources, Gold & Income Trust by 14.6% in the 4th quarter. Private Advisor Group LLC now owns 31,538 shares of the investment management company’s stock worth $167,000 after buying an additional 4,017 shares during the last quarter. Wolverine Asset Management LLC acquired a new stake in GAMCO Natural Resources, Gold & Income Trust in the 4th quarter worth about $236,000. Raymond James Financial Inc. acquired a new stake in GAMCO Natural Resources, Gold & Income Trust in the 4th quarter worth about $1,806,000. Samalin Investment Counsel LLC acquired a new stake in GAMCO Natural Resources, Gold & Income Trust in the 4th quarter worth about $93,000. Finally, LPL Financial LLC boosted its holdings in GAMCO Natural Resources, Gold & Income Trust by 1.9% in the 4th quarter. LPL Financial LLC now owns 182,274 shares of the investment management company’s stock worth $964,000 after buying an additional 3,337 shares during the last quarter.

About GAMCO Natural Resources, Gold & Income Trust

(Get Free Report)

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.