The Gabelli Dividend & Income Trust (NYSE:GDV) Director Anthonie Vanekris Sells 500 Shares

The Gabelli Dividend & Income Trust (NYSE:GDV) Director Anthonie Vanekris sold 500 shares of the stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $26.86, for a total value of $13,430.00. Following the sale, the director directly owned 1,700 shares in the company, valued at $45,662. This represents a 22.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

The Gabelli Dividend & Income Trust Stock Down 0.5%

Shares of The Gabelli Dividend & Income Trust stock traded down $0.13 on Tuesday, reaching $27.08. The company’s stock had a trading volume of 59,323 shares, compared to its average volume of 134,118. The stock has a 50-day moving average price of $27.01 and a 200-day moving average price of $26.40. The Gabelli Dividend & Income Trust has a 52-week low of $20.10 and a 52-week high of $27.58.

The Gabelli Dividend & Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 17th will be given a dividend of $0.15 per share. This represents a c) annualized dividend and a dividend yield of 6.6%. The ex-dividend date is Tuesday, March 17th.

Institutional Trading of The Gabelli Dividend & Income Trust

A number of hedge funds have recently bought and sold shares of GDV. Parallel Advisors LLC acquired a new position in shares of The Gabelli Dividend & Income Trust in the second quarter valued at approximately $49,000. Farther Finance Advisors LLC increased its holdings in shares of The Gabelli Dividend & Income Trust by 38.1% in the second quarter. Farther Finance Advisors LLC now owns 1,831 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 505 shares during the period. Allworth Financial LP boosted its holdings in The Gabelli Dividend & Income Trust by 66.5% in the 2nd quarter. Allworth Financial LP now owns 17,085 shares of the financial services provider’s stock valued at $444,000 after purchasing an additional 6,822 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of The Gabelli Dividend & Income Trust by 17.8% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 236,958 shares of the financial services provider’s stock valued at $6,163,000 after acquiring an additional 35,727 shares during the period. Finally, Advisors Asset Management Inc. grew its holdings in The Gabelli Dividend & Income Trust by 3.1% in the first quarter. Advisors Asset Management Inc. now owns 494,300 shares of the financial services provider’s stock valued at $11,927,000 after purchasing an additional 14,810 shares during the last quarter.

About The Gabelli Dividend & Income Trust

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.