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

Private Advisor Group LLC increased its stake in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) by 14.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 31,538 shares of the investment management company’s stock after buying 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 SEC filing.

Several other institutional investors have also added to or reduced their stakes in GNT. Stephens Inc. AR boosted its stake in GAMCO Natural Resources, Gold & Income Trust by 21.9% during the 3rd 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 during the last quarter. Oxbow Advisors LLC bought a new stake in GAMCO Natural Resources, Gold & Income Trust during the third quarter valued at about $226,000. Chevy Chase Trust Holdings LLC bought a new stake in GAMCO Natural Resources, Gold & Income Trust during the third quarter valued at about $176,000. Quarry LP purchased a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the third quarter valued at about $151,000. Finally, Janney Montgomery Scott LLC grew its position in shares of 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 valued at $241,000 after purchasing an additional 16,974 shares in the last quarter.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

Shares of GAMCO Natural Resources, Gold & Income Trust stock opened at $5.80 on Friday. GAMCO Natural Resources, Gold & Income Trust has a twelve month low of $5.02 and a twelve month high of $6.16. The business 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 Dividend Announcement

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

Insider Buying and Selling

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

GAMCO Natural Resources, Gold & Income Trust 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.