GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Share Price Crosses Below 200 Day Moving Average – What’s Next?

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.72 and traded as low as $5.58. GAMCO Natural Resources, Gold & Income Trust shares last traded at $5.62, with a volume of 30,813 shares.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

The firm has a 50-day moving average of $5.65 and a two-hundred day moving average of $5.72.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, January 16th will be given a dividend of $0.04 per share. The ex-dividend date is Thursday, January 16th. This represents a $0.48 annualized dividend and a dividend yield of 8.54%.

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

Several large investors have recently added to or reduced their stakes in the company. Stephens Inc. AR raised its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 21.9% in the 3rd quarter. Stephens Inc. AR now owns 13,210 shares of the investment management company’s stock worth $78,000 after buying an additional 2,375 shares in the last quarter. Quarry LP bought a new position in GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter valued at $151,000. Chevy Chase Trust Holdings LLC bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter worth $176,000. Oxbow Advisors LLC bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter worth $226,000. Finally, International Assets Investment Management LLC raised its stake in GAMCO Natural Resources, Gold & Income Trust by 434.2% during the 3rd quarter. International Assets Investment Management LLC now owns 136,513 shares of the investment management company’s stock worth $801,000 after buying an additional 110,957 shares during the period.

GAMCO Natural Resources, Gold & Income Trust Company 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.