Eagle Wealth Strategies LLC purchased a new stake in The Gabelli Utility Trust (NYSE:GUT – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 18,138 shares of the investment management company’s stock, valued at approximately $98,000.
Other large investors have also modified their holdings of the company. PFG Investments LLC purchased a new position in shares of The Gabelli Utility Trust in the 3rd quarter worth approximately $53,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of The Gabelli Utility Trust in the 3rd quarter worth approximately $57,000. Kingsview Wealth Management LLC purchased a new position in shares of The Gabelli Utility Trust in the 3rd quarter worth approximately $62,000. Wolverine Asset Management LLC purchased a new position in shares of The Gabelli Utility Trust in the 4th quarter worth approximately $69,000. Finally, VisionPoint Advisory Group LLC grew its position in shares of The Gabelli Utility Trust by 101.4% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 17,321 shares of the investment management company’s stock worth $92,000 after buying an additional 8,719 shares during the last quarter.
The Gabelli Utility Trust Stock Up 1.5 %
Shares of The Gabelli Utility Trust stock opened at $5.64 on Tuesday. The firm’s 50 day moving average price is $5.49 and its 200-day moving average price is $5.59. The Gabelli Utility Trust has a 52-week low of $4.60 and a 52-week high of $7.17.
The Gabelli Utility Trust Dividend Announcement
The Gabelli Utility Trust Profile
The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations.
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