Farther Finance Advisors LLC Purchases New Stake in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Farther Finance Advisors LLC acquired a new position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,000 shares of the investment management company’s stock, valued at approximately $34,000.

A number of other hedge funds have also made changes to their positions in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 4.8% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 128,032 shares of the investment management company’s stock valued at $548,000 after buying an additional 5,899 shares during the period. Grimes & Company Inc. purchased a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust during the third quarter valued at approximately $47,000. International Assets Investment Management LLC lifted its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 328.2% during the third quarter. International Assets Investment Management LLC now owns 223,144 shares of the investment management company’s stock worth $955,000 after purchasing an additional 171,029 shares in the last quarter. Private Advisor Group LLC boosted its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 72.1% in the third quarter. Private Advisor Group LLC now owns 313,853 shares of the investment management company’s stock valued at $1,343,000 after purchasing an additional 131,497 shares during the period. Finally, Eastern Bank purchased a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the 3rd quarter worth $682,000.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

NYSEAMERICAN:GGN opened at $4.11 on Friday. GAMCO Global Gold, Natural Resources & Income Trust has a 1-year low of $3.63 and a 1-year high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 13th will be issued a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 8.76%. The ex-dividend date is Friday, December 13th.

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.