GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $5.72 and traded as low as $5.58. GAMCO Natural Resources, Gold & Income Trust shares last traded at $5.62, with a volume of 30,813 shares traded.

GAMCO Natural Resources, Gold & Income Trust Trading Up 2.3 %

The business’s fifty day simple moving average is $5.64 and its 200 day simple moving average is $5.72.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 17th will be paid a dividend of $0.04 per share. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 8.36%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GNT. Stephens Inc. AR raised its position in shares of GAMCO Natural Resources, Gold & Income Trust by 21.9% during the third quarter. Stephens Inc. AR now owns 13,210 shares of the investment management company’s stock worth $78,000 after acquiring an additional 2,375 shares during the last quarter. Quarry LP acquired a new position in GAMCO Natural Resources, Gold & Income Trust during the 3rd quarter valued at about $151,000. Chevy Chase Trust Holdings LLC bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter valued at about $176,000. Oxbow Advisors LLC bought a new stake in shares of GAMCO Natural Resources, Gold & Income Trust during the third quarter worth approximately $226,000. Finally, International Assets Investment Management LLC grew its holdings in GAMCO Natural Resources, Gold & Income Trust by 434.2% during the 3rd quarter. International Assets Investment Management LLC now owns 136,513 shares of the investment management company’s stock worth $801,000 after acquiring an additional 110,957 shares during the period.

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.