Bay Colony Advisory Group Inc d b a Bay Colony Advisors Has $492,000 Position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 1.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 130,483 shares of the investment management company’s stock after buying an additional 2,451 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $492,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Sovran Advisors LLC bought a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 4th quarter valued at about $4,047,000. Raymond James Financial Inc. bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at approximately $1,288,000. Wolverine Asset Management LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at approximately $1,075,000. Sonora Investment Management Group LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at approximately $341,000. Finally, Janney Montgomery Scott LLC lifted its stake in GAMCO Global Gold, Natural Resources & Income Trust by 21.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 434,077 shares of the investment management company’s stock valued at $1,636,000 after acquiring an additional 77,550 shares in the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Trading Up 0.7 %

NYSEAMERICAN GGN opened at $4.11 on Friday. GAMCO Global Gold, Natural Resources & Income Trust has a 52 week low of $3.71 and a 52 week high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, June 23rd. Shareholders of record on Friday, June 13th will be paid a $0.03 dividend. This represents a $0.36 annualized dividend and a yield of 8.76%. The ex-dividend date is Friday, June 13th.

GAMCO Global Gold, Natural Resources & Income Trust Profile

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.