GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.71 and traded as low as $5.36. GAMCO Natural Resources, Gold & Income Trust shares last traded at $5.40, with a volume of 65,692 shares changing hands.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

The stock has a 50 day simple moving average of $5.68 and a 200-day simple moving average of $5.71.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, January 16th will be given a dividend of $0.04 per share. The ex-dividend date is Thursday, January 16th. This represents a $0.48 annualized dividend and a yield of 8.89%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Capital Wealth Alliance LLC increased its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 2.3% in the 3rd quarter. Capital Wealth Alliance LLC now owns 488,629 shares of the investment management company’s stock worth $2,868,000 after purchasing an additional 10,987 shares in the last quarter. International Assets Investment Management LLC grew its holdings in GAMCO Natural Resources, Gold & Income Trust by 434.2% during the third quarter. International Assets Investment Management LLC now owns 136,513 shares of the investment management company’s stock valued at $801,000 after purchasing an additional 110,957 shares during the period. Oxbow Advisors LLC purchased a new stake in GAMCO Natural Resources, Gold & Income Trust in the third quarter worth about $226,000. Chevy Chase Trust Holdings LLC bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the third quarter worth about $176,000. Finally, Quarry LP bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the 3rd quarter valued at approximately $151,000.

About GAMCO Natural Resources, Gold & Income Trust

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.