GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT - Get Free Report) major shareholder Saba Capital Management, L.P. sold 6,112 shares of GAMCO Natural Resources, Gold & Income Trust stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $5.89, for a total transaction of $35,999.68. Following the completion of the transaction, the insider now owns 1,806,177 shares in the company, valued at approximately $10,638,382.53. This trade represents a 0.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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 Wednesday, March 5th, Saba Capital Management, L.P. sold 14,415 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $5.80, for a total transaction of $83,607.00.
- On Friday, February 28th, Saba Capital Management, L.P. sold 108 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $5.89, for a total transaction of $636.12.
GAMCO Natural Resources, Gold & Income Trust Stock Performance
Shares of NYSE:GNT opened at $5.91 on Tuesday. GAMCO Natural Resources, Gold & Income Trust has a 52 week low of $5.02 and a 52 week high of $6.16. The company has a 50-day moving average price of $5.78 and a 200 day moving average price of $5.78.
GAMCO Natural Resources, Gold & Income Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Tuesday, April 15th will be issued a $0.04 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.48 annualized dividend and a dividend yield of 8.12%.
Institutional Trading of GAMCO Natural Resources, Gold & Income Trust
Institutional investors have recently modified their holdings of the business. Chevy Chase Trust Holdings LLC purchased a new position in GAMCO Natural Resources, Gold & Income Trust in the third quarter worth $176,000. Quarry LP acquired a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the 3rd quarter worth $151,000. Janney Montgomery Scott LLC increased its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 59.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 45,651 shares of the investment management company's stock valued at $241,000 after purchasing an additional 16,974 shares in the last quarter. RFG Advisory LLC acquired a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the fourth quarter valued at about $170,000. Finally, PFG Investments LLC boosted its holdings in GAMCO Natural Resources, Gold & Income Trust by 120.5% during the fourth quarter. PFG Investments LLC now owns 99,784 shares of the investment management company's stock worth $528,000 after buying an additional 54,526 shares in the last quarter.
GAMCO Natural Resources, Gold & Income Trust Company Profile
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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.
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