GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Plans $0.03 Monthly Dividend

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) declared a monthly dividend on Wednesday, February 11th. Investors of record on Thursday, April 16th will be given a dividend of 0.03 per share by the investment management company on Thursday, April 23rd. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Thursday, April 16th.

GAMCO Global Gold, Natural Resources & Income Trust Trading Up 1.6%

Shares of NYSEAMERICAN GGN opened at $5.71 on Thursday. GAMCO Global Gold, Natural Resources & Income Trust has a 52-week low of $3.68 and a 52-week high of $5.77. The firm’s fifty day moving average is $5.31 and its two-hundred day moving average is $5.02.

Hedge Funds Weigh In On GAMCO Global Gold, Natural Resources & Income Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GGN. Wedbush Securities Inc. increased its stake in GAMCO Global Gold, Natural Resources & Income Trust by 6.0% in the 3rd quarter. Wedbush Securities Inc. now owns 40,338 shares of the investment management company’s stock worth $208,000 after acquiring an additional 2,291 shares during the last quarter. Truist Financial Corp grew its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 3.4% in the third quarter. Truist Financial Corp now owns 89,812 shares of the investment management company’s stock valued at $463,000 after purchasing an additional 2,950 shares in the last quarter. Ashton Thomas Securities LLC increased its position in GAMCO Global Gold, Natural Resources & Income Trust by 2.4% in the fourth quarter. Ashton Thomas Securities LLC now owns 125,705 shares of the investment management company’s stock worth $649,000 after purchasing an additional 3,005 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in GAMCO Global Gold, Natural Resources & Income Trust by 2.0% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 153,128 shares of the investment management company’s stock valued at $789,000 after purchasing an additional 3,044 shares in the last quarter. Finally, Carnegie Lake Advisors LLC lifted its position in GAMCO Global Gold, Natural Resources & Income Trust by 3.2% during the fourth quarter. Carnegie Lake Advisors LLC now owns 111,481 shares of the investment management company’s stock valued at $575,000 after purchasing an additional 3,500 shares during the last quarter.

About GAMCO Global Gold, Natural Resources & Income Trust

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN: GGN) is a closed-end management investment company sponsored by GAMCO Investors, Inc The trust seeks to provide current income and secondarily capital appreciation by investing primarily in equity and income‐producing securities of gold, natural resource and other commodity-related issuers. Shares of GGN are traded on the NYSE American exchange, offering investors access to a diversified portfolio of companies involved in mining, energy production and related industries.

The fund’s portfolio typically includes common and preferred stocks, debt instruments, royalty interests and other income-producing securities issued by issuers engaged in exploration, extraction, processing and distribution of precious metals, energy and natural resources.