GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $5.64 and traded as high as $5.90. GAMCO Natural Resources, Gold & Income Trust shares last traded at $5.88, with a volume of 42,069 shares trading hands.

GAMCO Natural Resources, Gold & Income Trust Price Performance

The stock has a 50 day moving average of $5.64 and a two-hundred day moving average of $5.74.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 17th were given a $0.04 dividend. This represents a dividend yield of 8.36%. The ex-dividend date of this dividend was Thursday, January 16th.

Institutional Investors Weigh In On GAMCO Natural Resources, Gold & Income Trust

Several hedge funds have recently made changes to their positions in GNT. International Assets Investment Management LLC grew its position in GAMCO Natural Resources, Gold & Income Trust by 434.2% during the 3rd quarter. International Assets Investment Management LLC now owns 136,513 shares of the investment management company’s stock worth $801,000 after purchasing an additional 110,957 shares in the last quarter. Stephens Inc. AR grew its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 21.9% during the third quarter. Stephens Inc. AR now owns 13,210 shares of the investment management company’s stock valued at $78,000 after buying an additional 2,375 shares in the last quarter. Capital Wealth Alliance LLC raised its position in GAMCO Natural Resources, Gold & Income Trust by 2.3% during the third quarter. Capital Wealth Alliance LLC now owns 488,629 shares of the investment management company’s stock valued at $2,868,000 after buying an additional 10,987 shares during the period. Oxbow Advisors LLC acquired a new position in GAMCO Natural Resources, Gold & Income Trust during the third quarter valued at $226,000. Finally, Chevy Chase Trust Holdings LLC purchased a new stake in GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter worth about $176,000.

GAMCO Natural Resources, Gold & Income Trust Company 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.