Baird Financial Group Inc. Raises Position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Baird Financial Group Inc. boosted its stake in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGNGet Rating) by 5.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,463 shares of the investment management company’s stock after buying an additional 3,046 shares during the period. Baird Financial Group Inc.’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $232,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. National Asset Management Inc. increased its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 5.8% during the first quarter. National Asset Management Inc. now owns 77,508 shares of the investment management company’s stock valued at $313,000 after purchasing an additional 4,245 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 7.9% during the first quarter. Commonwealth Equity Services LLC now owns 528,133 shares of the investment management company’s stock valued at $2,128,000 after purchasing an additional 38,826 shares in the last quarter. Wolverine Asset Management LLC increased its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 17,036.8% during the first quarter. Wolverine Asset Management LLC now owns 181,136 shares of the investment management company’s stock valued at $729,000 after purchasing an additional 180,079 shares in the last quarter. Advisor Group Holdings Inc. increased its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 21.5% during the first quarter. Advisor Group Holdings Inc. now owns 278,346 shares of the investment management company’s stock valued at $1,732,000 after purchasing an additional 49,305 shares in the last quarter. Finally, Pinnacle Associates Ltd. bought a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the first quarter valued at approximately $44,000.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

Shares of NYSEAMERICAN GGN opened at $3.52 on Thursday. GAMCO Global Gold, Natural Resources & Income Trust has a fifty-two week low of $3.06 and a fifty-two week high of $4.14.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, March 24th. Investors of record on Friday, March 17th will be given a dividend of $0.03 per share. This represents a $0.36 annualized dividend and a dividend yield of 10.23%. The ex-dividend date of this dividend is Thursday, March 16th.

About GAMCO Global Gold, Natural Resources & Income Trust

(Get Rating)

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.

See Also

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Institutional Ownership by Quarter for GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

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