LPL Financial LLC Increases Position in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT)

LPL Financial LLC boosted its position in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) by 1.9% in the 4th quarter, Holdings Channel reports. The fund owned 182,274 shares of the investment management company’s stock after purchasing an additional 3,337 shares during the period. LPL Financial LLC’s holdings in GAMCO Natural Resources, Gold & Income Trust were worth $964,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Samalin Investment Counsel LLC acquired a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the 4th quarter valued at about $93,000. Raymond James Financial Inc. acquired a new position in GAMCO Natural Resources, Gold & Income Trust during the fourth quarter worth approximately $1,806,000. Wolverine Asset Management LLC purchased a new position in GAMCO Natural Resources, Gold & Income Trust during the fourth quarter worth approximately $236,000. Private Advisor Group LLC boosted its holdings in shares of 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 valued at $167,000 after purchasing an additional 4,017 shares during the last quarter. Finally, Absolute Investment Advisers LLC acquired a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the 4th quarter valued at $228,000.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

GNT stock opened at $5.99 on Monday. The business has a fifty day simple moving average of $5.85 and a 200-day simple moving average of $5.78. GAMCO Natural Resources, Gold & Income Trust has a 52 week low of $5.02 and a 52 week high of $6.16.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.48 annualized dividend and a yield of 8.02%.

Insider Transactions at GAMCO Natural Resources, Gold & Income Trust

In other news, major shareholder Saba Capital Management, L.P. sold 6,112 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $5.89, for a total value of $35,999.68. Following the completion of the sale, the insider now owns 1,806,177 shares of the company’s stock, valued at $10,638,382.53. This 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 at this hyperlink. Insiders have sold a total of 80,987 shares of company stock worth $485,382 in the last three months.

GAMCO Natural Resources, Gold & Income Trust Profile

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.