Wolverine Asset Management LLC Makes New $1.08 Million Investment in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Wolverine Asset Management LLC bought a new position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 285,266 shares of the investment management company’s stock, valued at approximately $1,075,000.

A number of other hedge funds and other institutional investors have also modified their holdings of GGN. Sovran Advisors LLC acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 4th quarter worth about $4,047,000. Janney Montgomery Scott LLC increased its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 21.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 434,077 shares of the investment management company’s stock worth $1,636,000 after purchasing an additional 77,550 shares during the last quarter. Private Advisor Group LLC increased its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 14.6% during the 4th quarter. Private Advisor Group LLC now owns 359,636 shares of the investment management company’s stock worth $1,356,000 after purchasing an additional 45,783 shares during the last quarter. Capital Wealth Alliance LLC increased its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 29.9% during the 4th quarter. Capital Wealth Alliance LLC now owns 323,117 shares of the investment management company’s stock worth $1,218,000 after purchasing an additional 74,289 shares during the last quarter. Finally, Stifel Financial Corp increased its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 3.4% during the 3rd quarter. Stifel Financial Corp now owns 254,619 shares of the investment management company’s stock worth $1,090,000 after purchasing an additional 8,423 shares during the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

Shares of GAMCO Global Gold, Natural Resources & Income Trust stock opened at $4.15 on Friday. GAMCO Global Gold, Natural Resources & Income Trust has a 12 month low of $3.70 and a 12 month high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Friday, June 13th will be paid a $0.03 dividend. This represents a $0.36 annualized dividend and a dividend yield of 8.67%. The ex-dividend date of this dividend 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.