Tiptree Advisors LLC Sells 4,526 Shares of GAMCO Global Gold, Natural Resources & Income Trust $GGN

Tiptree Advisors LLC lowered its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 4.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 103,471 shares of the investment management company’s stock after selling 4,526 shares during the quarter. GAMCO Global Gold, Natural Resources & Income Trust accounts for 0.4% of Tiptree Advisors LLC’s portfolio, making the stock its 21st biggest position. Tiptree Advisors LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $454,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Acropolis Investment Management LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the second quarter worth $53,000. Texas Yale Capital Corp. bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the first quarter worth $57,000. Modera Wealth Management LLC grew its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 25.5% during the first quarter. Modera Wealth Management LLC now owns 13,424 shares of the investment management company’s stock worth $59,000 after buying an additional 2,731 shares in the last quarter. Sheaff Brock Investment Advisors LLC bought a new position in GAMCO Global Gold, Natural Resources & Income Trust in the 1st quarter valued at $61,000. Finally, XTX Topco Ltd bought a new position in GAMCO Global Gold, Natural Resources & Income Trust in the 1st quarter valued at $73,000.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

Shares of NYSEAMERICAN:GGN opened at $4.75 on Wednesday. The business has a fifty day moving average price of $4.93 and a two-hundred day moving average price of $4.55. GAMCO Global Gold, Natural Resources & Income Trust has a 1 year low of $3.68 and a 1 year high of $5.31.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 12th will be given a dividend of $0.03 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend is Friday, December 12th.

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.