FourThought Financial LLC Decreases Holdings in The Gabelli Dividend & Income Trust (NYSE:GDV)

FourThought Financial LLC trimmed its holdings in shares of The Gabelli Dividend & Income Trust (NYSE:GDV – Get Rating) by 12.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,364 shares of the financial services provider’s stock after selling 1,152 shares during the period. FourThought Financial LLC’s holdings in The Gabelli Dividend & Income Trust were worth $157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Karpus Management Inc. lifted its holdings in The Gabelli Dividend & Income Trust by 15.1% during the 3rd quarter. Karpus Management Inc. now owns 1,271,388 shares of the financial services provider’s stock worth $23,800,000 after buying an additional 166,622 shares during the last quarter. Raymond James & Associates lifted its holdings in The Gabelli Dividend & Income Trust by 2.4% during the 3rd quarter. Raymond James & Associates now owns 894,408 shares of the financial services provider’s stock worth $16,743,000 after buying an additional 21,149 shares during the last quarter. Cohen & Steers Inc. increased its position in shares of The Gabelli Dividend & Income Trust by 5.7% during the third quarter. Cohen & Steers Inc. now owns 716,831 shares of the financial services provider’s stock worth $13,419,000 after purchasing an additional 38,558 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of The Gabelli Dividend & Income Trust by 3.7% in the 3rd quarter. Royal Bank of Canada now owns 715,503 shares of the financial services provider’s stock valued at $13,394,000 after purchasing an additional 25,424 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of The Gabelli Dividend & Income Trust by 132.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 562,743 shares of the financial services provider’s stock valued at $10,534,000 after purchasing an additional 320,550 shares during the period.

The Gabelli Dividend & Income Trust Stock Down 1.3 %

GDV opened at $19.82 on Friday. The Gabelli Dividend & Income Trust has a 52 week low of $18.28 and a 52 week high of $24.99. The business’s 50 day moving average is $21.44 and its two-hundred day moving average is $20.84.

The Gabelli Dividend & Income Trust Announces Dividend

The company 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 dividend of $0.11 per share. This represents a $1.32 annualized dividend and a yield of 6.66%. The ex-dividend date of this dividend is Wednesday, June 14th.

The Gabelli Dividend & Income Trust Company Profile

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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.