Private Advisor Group LLC Purchases 4,017 Shares of GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT)

Private Advisor Group LLC raised its stake in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) by 14.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,538 shares of the investment management company’s stock after purchasing an additional 4,017 shares during the quarter. Private Advisor Group LLC’s holdings in GAMCO Natural Resources, Gold & Income Trust were worth $167,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its holdings in GAMCO Natural Resources, Gold & Income Trust by 59.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 45,651 shares of the investment management company’s stock worth $241,000 after acquiring an additional 16,974 shares during the period. Stephens Inc. AR grew its position in shares of GAMCO Natural Resources, Gold & Income Trust by 21.9% in the third quarter. Stephens Inc. AR now owns 13,210 shares of the investment management company’s stock valued at $78,000 after purchasing an additional 2,375 shares in the last quarter. Quarry LP purchased a new position in GAMCO Natural Resources, Gold & Income Trust during the third quarter worth about $151,000. PFG Investments LLC grew its position in GAMCO Natural Resources, Gold & Income Trust by 120.5% during the fourth quarter. PFG Investments LLC now owns 99,784 shares of the investment management company’s stock worth $528,000 after buying an additional 54,526 shares in the last quarter. Finally, Absolute Investment Advisers LLC purchased a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the 4th quarter worth about $228,000.

Insider Activity

In other GAMCO Natural Resources, Gold & Income Trust news, major shareholder Saba Capital Management, L.P. sold 14,415 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $5.80, for a total transaction of $83,607.00. Following the completion of the transaction, the insider now owns 1,812,289 shares of the company’s stock, valued at $10,511,276.20. This represents a 0.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

GAMCO Natural Resources, Gold & Income Trust Trading Down 0.4 %

GNT opened at $5.80 on Friday. The stock has a 50-day moving average price of $5.70 and a 200-day moving average price of $5.78. GAMCO Natural Resources, Gold & Income Trust has a 12-month low of $5.02 and a 12-month high of $6.16.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Friday, June 13th will be paid a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.28%. The ex-dividend date of this dividend is Friday, June 13th.

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.