International Assets Investment Management LLC Trims Stake in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

International Assets Investment Management LLC trimmed its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 79.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 46,170 shares of the investment management company’s stock after selling 176,974 shares during the period. International Assets Investment Management LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $179,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GGN. Eastern Bank purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter worth about $682,000. Private Advisor Group LLC boosted its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 72.1% in the 3rd quarter. Private Advisor Group LLC now owns 313,853 shares of the investment management company’s stock worth $1,343,000 after purchasing an additional 131,497 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 9.8% in the 2nd quarter. Cetera Investment Advisers now owns 487,696 shares of the investment management company’s stock worth $1,975,000 after purchasing an additional 43,328 shares in the last quarter. Discipline Wealth Solutions LLC purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter worth about $184,000. Finally, J.W. Cole Advisors Inc. boosted its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 45.7% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 112,213 shares of the investment management company’s stock worth $454,000 after purchasing an additional 35,174 shares in the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

NYSEAMERICAN GGN opened at $3.99 on Tuesday. GAMCO Global Gold, Natural Resources & Income Trust has a 1-year low of $3.66 and a 1-year high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, January 16th will be paid a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 9.02%. The ex-dividend date of this dividend is Thursday, January 16th.

About GAMCO Global Gold, Natural Resources & Income Trust

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.