Truist Financial Corp Reduces Stock Holdings in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Truist Financial Corp reduced its position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 6.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,163 shares of the investment management company’s stock after selling 4,944 shares during the quarter. Truist Financial Corp’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $257,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. J.W. Cole Advisors Inc. increased its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 10.5% in the fourth quarter. J.W. Cole Advisors Inc. now owns 118,110 shares of the investment management company’s stock worth $445,000 after purchasing an additional 11,240 shares in the last quarter. Root Financial Partners LLC purchased a new position in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at approximately $39,000. Capital Wealth Alliance LLC raised its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 29.9% during the 4th quarter. Capital Wealth Alliance LLC now owns 323,117 shares of the investment management company’s stock valued at $1,218,000 after acquiring an additional 74,289 shares during the period. Sovran Advisors LLC bought a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter worth $4,047,000. Finally, Stephens Inc. AR bought a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 4th quarter valued at $38,000.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

Shares of GGN opened at $4.12 on Thursday. GAMCO Global Gold, Natural Resources & Income Trust has a 52-week low of $3.71 and a 52-week high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Friday, June 13th will be given a $0.03 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.74%.

GAMCO Global Gold, Natural Resources & Income Trust Company Profile

GAMCO Global Gold, Natural Resources & 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 the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related activities.