GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSEAMERICAN:GGN) Share Price Crosses Above 200-Day Moving Average of $0.00

GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSEAMERICAN:GGN)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $4.57. GAMCO Global Gold Ntrl Rsrcs & Incm Trst shares last traded at $4.57, with a volume of 19,434 shares changing hands.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 23rd. Investors of record on Monday, September 16th will be given a dividend of $0.05 per share. The ex-dividend date is Friday, September 13th. This represents a $0.60 annualized dividend and a dividend yield of 13.10%.

In related news, insider Mario J. Gabelli sold 13,169 shares of the firm’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $4.35, for a total transaction of $57,285.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Institutional investors have recently modified their holdings of the stock. Cullen Frost Bankers Inc. purchased a new position in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst in the first quarter valued at $36,000. Millennium Management LLC purchased a new position in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst in the fourth quarter valued at $41,000. Truvestments Capital LLC purchased a new position in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst in the first quarter valued at $42,000. Hilltop Holdings Inc. purchased a new position in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst in the fourth quarter valued at $42,000. Finally, King Luther Capital Management Corp purchased a new position in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst in the first quarter valued at $43,000.

GAMCO Global Gold Ntrl Rsrcs & Incm Trst Company Profile (NYSEAMERICAN:GGN)

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.

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