Stonebrook Private Inc. Takes Position in The Gabelli Dividend & Income Trust (NYSE:GDV)

Stonebrook Private Inc. purchased a new position in The Gabelli Dividend & Income Trust (NYSE:GDV) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 21,926 shares of the financial services provider’s stock, valued at approximately $474,000.

A number of other large investors also recently added to or reduced their stakes in GDV. Kennedy Investment Group raised its holdings in The Gabelli Dividend & Income Trust by 1.5% during the 3rd quarter. Kennedy Investment Group now owns 42,637 shares of the financial services provider’s stock valued at $829,000 after buying an additional 641 shares during the period. Private Advisor Group LLC increased its stake in The Gabelli Dividend & Income Trust by 5.9% in the third quarter. Private Advisor Group LLC now owns 13,798 shares of the financial services provider’s stock worth $268,000 after purchasing an additional 772 shares during the period. Oppenheimer & Co. Inc. grew its position in shares of The Gabelli Dividend & Income Trust by 0.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 130,421 shares of the financial services provider’s stock worth $2,535,000 after buying an additional 817 shares in the last quarter. Sigma Planning Corp grew its position in shares of The Gabelli Dividend & Income Trust by 3.4% during the 3rd quarter. Sigma Planning Corp now owns 25,828 shares of the financial services provider’s stock worth $502,000 after buying an additional 839 shares in the last quarter. Finally, 180 Wealth Advisors LLC grew its position in shares of The Gabelli Dividend & Income Trust by 3.3% during the 3rd quarter. 180 Wealth Advisors LLC now owns 31,201 shares of the financial services provider’s stock worth $607,000 after buying an additional 1,008 shares in the last quarter.

The Gabelli Dividend & Income Trust Price Performance

GDV opened at $22.00 on Monday. The Gabelli Dividend & Income Trust has a 12-month low of $18.04 and a 12-month high of $23.00. The business’s fifty day simple moving average is $22.32 and its 200-day simple moving average is $21.19.

The Gabelli Dividend & Income Trust Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, April 23rd. Investors of record on Tuesday, April 16th were given a dividend of $0.11 per share. This represents a yield of 6.01%. The ex-dividend date was Monday, April 15th.

The Gabelli Dividend & Income Trust Company 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.