Sovran Advisors LLC Takes $4.05 Million Position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Sovran Advisors LLC acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 991,932 shares of the investment management company’s stock, valued at approximately $4,047,000.

Several other institutional investors have also recently made changes to their positions in the stock. Stephens Inc. AR acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter worth about $38,000. Realta Investment Advisors acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter worth about $82,000. Strategic Financial Concepts LLC raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 156.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 57,760 shares of the investment management company’s stock worth $218,000 after acquiring an additional 35,239 shares during the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 5.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 79,811 shares of the investment management company’s stock worth $301,000 after acquiring an additional 4,026 shares during the last quarter. Finally, Spire Wealth Management acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter worth about $72,000.

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

NYSEAMERICAN:GGN opened at $4.15 on Tuesday. GAMCO Global Gold, Natural Resources & Income Trust has a 52 week low of $3.66 and a 52 week high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 21st. Shareholders of record on Thursday, February 13th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.36 annualized dividend and a yield of 8.67%.

GAMCO Global Gold, Natural Resources & Income Trust Company 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.