Janney Montgomery Scott LLC Boosts Holdings in GAMCO Global Gold, Natural Resources & Income Trust $GGN

Janney Montgomery Scott LLC grew its stake in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 42.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,305,574 shares of the investment management company’s stock after purchasing an additional 386,270 shares during the quarter. Janney Montgomery Scott LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $6,946,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of GGN. Global Retirement Partners LLC lifted its stake in GAMCO Global Gold, Natural Resources & Income Trust by 165.9% in the 4th quarter. Global Retirement Partners LLC now owns 5,771 shares of the investment management company’s stock valued at $30,000 after buying an additional 3,601 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the 4th quarter worth approximately $51,000. NBC Securities Inc. raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 155.6% during the fourth quarter. NBC Securities Inc. now owns 11,500 shares of the investment management company’s stock valued at $59,000 after acquiring an additional 7,000 shares during the last quarter. Equitable Holdings Inc. acquired a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the fourth quarter valued at approximately $66,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the fourth quarter valued at approximately $77,000.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

NYSEAMERICAN GGN opened at $4.91 on Friday. The stock’s 50 day simple moving average is $5.10 and its 200-day simple moving average is $5.30. GAMCO Global Gold, Natural Resources & Income Trust has a 1-year low of $4.36 and a 1-year high of $5.88.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 16th will be issued a $0.03 dividend. The ex-dividend date is Wednesday, September 16th. This represents a c) dividend on an annualized basis and a yield of 7.3%.

GAMCO Global Gold, Natural Resources & Income Trust Company Profile

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN: GGN) is a closed-end management investment company sponsored by GAMCO Investors, Inc The trust seeks to provide current income and secondarily capital appreciation by investing primarily in equity and income‐producing securities of gold, natural resource and other commodity-related issuers. Shares of GGN are traded on the NYSE American exchange, offering investors access to a diversified portfolio of companies involved in mining, energy production and related industries.

The fund’s portfolio typically includes common and preferred stocks, debt instruments, royalty interests and other income-producing securities issued by issuers engaged in exploration, extraction, processing and distribution of precious metals, energy and natural resources.