Capital Market Strategies LLC Boosts Stake in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Capital Market Strategies LLC lifted its position in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 9.5% in the 3rd quarter, Holdings Channel reports. The fund owned 28,851 shares of the investment management company’s stock after buying an additional 2,500 shares during the quarter. Capital Market Strategies LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $123,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers purchased a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust during the first quarter worth $1,715,000. Advisors Asset Management Inc. increased its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 19.9% during the first quarter. Advisors Asset Management Inc. now owns 387,501 shares of the investment management company’s stock valued at $1,496,000 after buying an additional 64,189 shares during the period. Atomi Financial Group Inc. grew its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 11.8% during the 1st quarter. Atomi Financial Group Inc. now owns 81,490 shares of the investment management company’s stock valued at $315,000 after purchasing an additional 8,626 shares in the last quarter. Concourse Financial Group Securities Inc. grew its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 117.8% during the second quarter. Concourse Financial Group Securities Inc. now owns 38,830 shares of the investment management company’s stock worth $157,000 after purchasing an additional 21,000 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 7.0% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 122,133 shares of the investment management company’s stock worth $495,000 after purchasing an additional 8,003 shares during the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

Shares of GAMCO Global Gold, Natural Resources & Income Trust stock opened at $4.35 on Friday. GAMCO Global Gold, Natural Resources & Income Trust has a 1 year low of $3.51 and a 1 year high of $4.35.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 24th. Stockholders of record on Thursday, October 17th will be issued a dividend of $0.03 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.28%. The ex-dividend date of this dividend is Thursday, October 17th.

About GAMCO Global Gold, Natural Resources & Income Trust

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.