Commonwealth Equity Services LLC Has $1.88 Million Stock Holdings in The Gabelli Dividend & Income Trust (NYSE:GDV)

Commonwealth Equity Services LLC raised its holdings in The Gabelli Dividend & Income Trust (NYSE:GDVGet Rating) by 1.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 100,264 shares of the financial services provider’s stock after acquiring an additional 1,133 shares during the period. Commonwealth Equity Services LLC’s holdings in The Gabelli Dividend & Income Trust were worth $1,876,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new stake in The Gabelli Dividend & Income Trust in the 1st quarter valued at $28,000. Benjamin F. Edwards & Company Inc. raised its holdings in The Gabelli Dividend & Income Trust by 50.0% in the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 1,500 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 500 shares in the last quarter. IFP Advisors Inc lifted its position in shares of The Gabelli Dividend & Income Trust by 50.2% in the 3rd quarter. IFP Advisors Inc now owns 2,238 shares of the financial services provider’s stock worth $49,000 after acquiring an additional 748 shares during the period. SeaCrest Wealth Management LLC bought a new stake in shares of The Gabelli Dividend & Income Trust during the second quarter valued at approximately $117,000. Finally, Captrust Financial Advisors acquired a new position in shares of The Gabelli Dividend & Income Trust in the second quarter valued at $149,000.

The Gabelli Dividend & Income Trust Trading Down 1.6 %

GDV opened at $20.02 on Tuesday. The Gabelli Dividend & Income Trust has a fifty-two week low of $18.28 and a fifty-two week high of $24.99. The firm’s fifty day moving average price is $21.51 and its two-hundred day moving average price is $20.88.

The Gabelli Dividend & Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, June 23rd. Shareholders of record on Thursday, June 15th will be given a $0.11 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 6.59%. The ex-dividend date is Wednesday, June 14th.

The Gabelli Dividend & Income Trust Profile

(Get Rating)

The Gabelli Dividend & Income Trust is a non-diversified, closed-end management investment company. It invests in sectors, such as financial services, energy and utilities, food and beverage, telecommunications, consumer products and healthcare. The company was founded on November 18, 2003 and is headquartered in Rye, NY.

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Institutional Ownership by Quarter for The Gabelli Dividend & Income Trust (NYSE:GDV)

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