The Gabelli Dividend & Income Trust (NYSE:GDV) Stock Holdings Decreased by Institute for Wealth Management LLC.

Institute for Wealth Management LLC. reduced its position in The Gabelli Dividend & Income Trust (NYSE:GDV) by 6.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,786 shares of the financial services provider’s stock after selling 1,326 shares during the period. Institute for Wealth Management LLC.’s holdings in The Gabelli Dividend & Income Trust were worth $428,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in GDV. International Assets Investment Management LLC increased its position in shares of The Gabelli Dividend & Income Trust by 2,064.0% in the fourth quarter. International Assets Investment Management LLC now owns 311,616 shares of the financial services provider’s stock worth $6,743,000 after acquiring an additional 297,216 shares in the last quarter. Cornerstone Advisors LLC grew its position in The Gabelli Dividend & Income Trust by 40.0% during the third quarter. Cornerstone Advisors LLC now owns 952,704 shares of the financial services provider’s stock valued at $18,521,000 after purchasing an additional 272,287 shares in the last quarter. 1607 Capital Partners LLC grew its position in The Gabelli Dividend & Income Trust by 38.1% during the third quarter. 1607 Capital Partners LLC now owns 780,183 shares of the financial services provider’s stock valued at $15,167,000 after purchasing an additional 215,428 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in The Gabelli Dividend & Income Trust by 27.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 826,407 shares of the financial services provider’s stock valued at $17,883,000 after purchasing an additional 177,824 shares in the last quarter. Finally, AQR Arbitrage LLC grew its position in The Gabelli Dividend & Income Trust by 110.3% during the third quarter. AQR Arbitrage LLC now owns 271,013 shares of the financial services provider’s stock valued at $5,268,000 after purchasing an additional 142,141 shares in the last quarter.

The Gabelli Dividend & Income Trust Stock Up 0.4 %

Shares of GDV opened at $21.59 on Friday. The company’s 50 day moving average price is $22.31 and its 200 day moving average price is $21.08. The Gabelli Dividend & Income Trust has a 52 week low of $18.04 and a 52 week high of $23.00.

The Gabelli Dividend & Income Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, April 23rd. Investors of record on Tuesday, April 16th will be given a dividend of $0.11 per share. This represents a yield of 6.01%. The ex-dividend date is Monday, April 15th.

About The Gabelli Dividend & Income Trust

The Gabelli Dividend & 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 of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.