Carnegie Lake Advisors LLC Raises Position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Carnegie Lake Advisors LLC raised its holdings in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 2.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 113,926 shares of the investment management company’s stock after buying an additional 2,787 shares during the period. Carnegie Lake Advisors LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $498,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Elequin Capital LP acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at $42,000. Merit Financial Group LLC acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 1st quarter valued at $66,000. Advisory Services Network LLC acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at $60,000. RFG Advisory LLC acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 1st quarter valued at $96,000. Finally, StoneX Group Inc. raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 12.8% in the 4th quarter. StoneX Group Inc. now owns 22,465 shares of the investment management company’s stock valued at $85,000 after purchasing an additional 2,545 shares in the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Trading Down 2.0%

Shares of NYSEAMERICAN:GGN opened at $4.36 on Friday. The stock’s fifty day moving average is $4.39. GAMCO Global Gold, Natural Resources & Income Trust has a 12 month low of $3.68 and a 12 month high of $4.53.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Tuesday, September 16th will be paid a dividend of $0.03 per share. The ex-dividend date is Tuesday, September 16th. This represents a $0.36 annualized dividend and a yield of 8.26%.

GAMCO Global Gold, Natural Resources & Income Trust Company Profile

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.