Oppenheimer & Co. Inc. Raises Position in GAMCO Global Gold Ntrl Rsrcs & Incm Trst (GGN)

Oppenheimer & Co. Inc. raised its position in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSEAMERICAN:GGN) by 11.1% in the third quarter, according to its most recent filing with the SEC. The firm owned 146,552 shares of the investment management company’s stock after purchasing an additional 14,654 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.11% of GAMCO Global Gold Ntrl Rsrcs & Incm Trst worth $688,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in GGN. UBS Group AG increased its position in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 40.0% during the 1st quarter. UBS Group AG now owns 414,901 shares of the investment management company’s stock valued at $2,029,000 after purchasing an additional 118,454 shares during the period. Moloney Securities Asset Management LLC increased its position in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 271.4% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 125,900 shares of the investment management company’s stock valued at $591,000 after purchasing an additional 92,000 shares during the period. Private Advisor Group LLC increased its position in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 39.9% during the 2nd quarter. Private Advisor Group LLC now owns 83,124 shares of the investment management company’s stock valued at $426,000 after purchasing an additional 23,696 shares during the period. Baird Financial Group Inc. acquired a new stake in GAMCO Global Gold Ntrl Rsrcs & Incm Trst during the 2nd quarter valued at approximately $120,000. Finally, Raymond James & Associates grew its position in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 8.3% during the 2nd quarter. Raymond James & Associates now owns 131,820 shares of the investment management company’s stock worth $678,000 after buying an additional 10,151 shares during the period.

Shares of GGN stock opened at $4.20 on Wednesday. GAMCO Global Gold Ntrl Rsrcs & Incm Trst has a 52 week low of $3.98 and a 52 week high of $5.51.

The company also recently announced a monthly dividend, which will be paid on Friday, November 23rd. Investors of record on Thursday, November 15th will be issued a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 14.29%. The ex-dividend date is Wednesday, November 14th.

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About GAMCO Global Gold Ntrl Rsrcs & Incm Trst

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.

Further Reading: How can you know how many shares are floating?

Institutional Ownership by Quarter for GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSEAMERICAN:GGN)

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