Wealth Enhancement Advisory Services LLC Purchases 864 Shares of The Gabelli Dividend & Income Trust (NYSE:GDV)

Wealth Enhancement Advisory Services LLC raised its position in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) by 0.5% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 160,640 shares of the financial services provider’s stock after purchasing an additional 864 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in The Gabelli Dividend & Income Trust were worth $3,928,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Private Advisor Group LLC increased its position in shares of The Gabelli Dividend & Income Trust by 2.7% during the first quarter. Private Advisor Group LLC now owns 19,299 shares of the financial services provider’s stock valued at $443,000 after acquiring an additional 515 shares in the last quarter. CWM LLC increased its holdings in shares of The Gabelli Dividend & Income Trust by 11.6% in the 3rd quarter. CWM LLC now owns 5,227 shares of the financial services provider’s stock worth $128,000 after purchasing an additional 545 shares in the last quarter. Brookstone Capital Management raised its stake in shares of The Gabelli Dividend & Income Trust by 3.7% in the second quarter. Brookstone Capital Management now owns 15,496 shares of the financial services provider’s stock worth $368,000 after purchasing an additional 551 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of The Gabelli Dividend & Income Trust by 1.0% during the second quarter. Mercer Global Advisors Inc. ADV now owns 64,662 shares of the financial services provider’s stock valued at $1,468,000 after purchasing an additional 615 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. boosted its position in shares of The Gabelli Dividend & Income Trust by 5.9% during the first quarter. Pinnacle Wealth Planning Services Inc. now owns 11,122 shares of the financial services provider’s stock valued at $256,000 after buying an additional 623 shares during the last quarter.

Insider Activity at The Gabelli Dividend & Income Trust

In related news, insider Mario J. Gabelli bought 2,000 shares of the business’s stock in a transaction on Tuesday, October 15th. The stock was acquired at an average price of $24.90 per share, with a total value of $49,800.00. Following the transaction, the insider now owns 10,000 shares in the company, valued at approximately $249,000. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In other news, insider Mario J. Gabelli bought 2,000 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were acquired at an average cost of $24.90 per share, with a total value of $49,800.00. Following the completion of the transaction, the insider now owns 10,000 shares of the company’s stock, valued at approximately $249,000. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Mario J. Gabelli purchased 3,131,500 shares of the business’s stock in a transaction on Friday, October 11th. The shares were purchased at an average price of $10.00 per share, with a total value of $31,315,000.00. Following the completion of the purchase, the insider now owns 3,131,500 shares in the company, valued at approximately $31,315,000. The disclosure for this purchase can be found here. Insiders have purchased a total of 3,134,720 shares of company stock worth $31,385,633 over the last quarter.

The Gabelli Dividend & Income Trust Trading Down 0.8 %

NYSE GDV opened at $24.04 on Friday. The stock has a 50-day moving average of $24.20 and a 200 day moving average of $23.23. The Gabelli Dividend & Income Trust has a one year low of $18.37 and a one year high of $24.99.

The Gabelli Dividend & Income Trust Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, October 24th. Stockholders of record on Friday, October 18th were issued a dividend of $0.11 per share. The ex-dividend date was Thursday, October 17th. This represents a dividend yield of 5.32%.

About The Gabelli Dividend & Income Trust

The Gabelli Dividend & 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 of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.