Absolute Investment Advisers LLC Takes Position in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT)

Absolute Investment Advisers LLC acquired a new position in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) during the 4th quarter, HoldingsChannel reports. The fund acquired 43,011 shares of the investment management company’s stock, valued at approximately $228,000.

Several other institutional investors also recently modified their holdings of the business. Stephens Inc. AR raised its position in GAMCO Natural Resources, Gold & Income Trust by 21.9% during the 3rd quarter. Stephens Inc. AR now owns 13,210 shares of the investment management company’s stock worth $78,000 after purchasing an additional 2,375 shares during the last quarter. Capital Wealth Alliance LLC increased its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 2.3% in 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. Janney Montgomery Scott LLC raised its position in shares of GAMCO Natural Resources, Gold & Income Trust by 59.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 45,651 shares of the investment management company’s stock worth $241,000 after acquiring an additional 16,974 shares during the last quarter. Quarry LP acquired a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the third quarter worth approximately $151,000. Finally, Chevy Chase Trust Holdings LLC bought a new stake in GAMCO Natural Resources, Gold & Income Trust in the third quarter valued at approximately $176,000.

GAMCO Natural Resources, Gold & Income Trust Price Performance

NYSE:GNT opened at $5.78 on Monday. GAMCO Natural Resources, Gold & Income Trust has a fifty-two week low of $4.79 and a fifty-two week high of $6.16. The company has a 50 day simple moving average of $5.64 and a two-hundred day simple moving average of $5.73.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

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

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.