GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Share Price Crosses Below 200-Day Moving Average – What’s Next?

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT)’s stock price crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $8.52 and traded as low as $8.49. GAMCO Natural Resources, Gold & Income Trust shares last traded at $8.5610, with a volume of 34,571 shares traded.

GAMCO Natural Resources, Gold & Income Trust Stock Up 1.0%

The firm’s 50-day moving average is $8.86 and its 200 day moving average is $8.52.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 11th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, December 11th. This represents a $0.72 dividend on an annualized basis and a yield of 8.5%.

Institutional Trading of GAMCO Natural Resources, Gold & Income Trust

Several large investors have recently modified their holdings of GNT. Wedbush Securities Inc. raised its position in shares of GAMCO Natural Resources, Gold & Income Trust by 14.0% during the 2nd quarter. Wedbush Securities Inc. now owns 23,904 shares of the investment management company’s stock worth $195,000 after purchasing an additional 2,927 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 10.7% during the 1st quarter. Cetera Investment Advisers now owns 17,924 shares of the investment management company’s stock worth $150,000 after purchasing an additional 1,739 shares during the last quarter. Stephens Inc. AR grew its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 3.1% during the first quarter. Stephens Inc. AR now owns 40,148 shares of the investment management company’s stock worth $335,000 after buying an additional 1,222 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 12.9% during the first quarter. Private Advisor Group LLC now owns 135,051 shares of the investment management company’s stock worth $1,128,000 after buying an additional 15,378 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its position in shares of GAMCO Natural Resources, Gold & Income Trust by 32.1% in the first quarter. Kestra Private Wealth Services LLC now owns 17,700 shares of the investment management company’s stock valued at $148,000 after buying an additional 4,300 shares during the last quarter.

About GAMCO Natural Resources, Gold & Income Trust

GAMCO Natural Resources, Gold & Income Trust is a closed-end investment company listed on the New York Stock Exchange under the symbol GNT. The fund seeks to provide investors with a high level of current income and long-term capital appreciation by investing primarily in companies involved in natural resources, gold, precious metals and related industries.

The fund’s portfolio may include businesses engaged in energy, mining, metals, agriculture, forestry and other natural-resource activities, as well as companies that provide equipment and services to those industries.