Watch Point Trust Co Makes New $87,000 Investment in GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSEAMERICAN:GGN)

Watch Point Trust Co acquired a new position in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSEAMERICAN:GGN) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 19,000 shares of the investment management company’s stock, valued at approximately $87,000.

A number of other institutional investors also recently bought and sold shares of the business. Pennsylvania Trust Co acquired a new stake in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst in the 1st quarter valued at $632,000. Ballew Advisors Inc boosted its holdings in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 8.6% in the 2nd quarter. Ballew Advisors Inc now owns 57,849 shares of the investment management company’s stock valued at $271,000 after purchasing an additional 4,576 shares in the last quarter. Flagship Harbor Advisors LLC boosted its holdings in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 18.1% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 30,159 shares of the investment management company’s stock valued at $138,000 after purchasing an additional 4,632 shares in the last quarter. Nwam LLC boosted its holdings in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 4.3% in the 1st quarter. Nwam LLC now owns 121,734 shares of the investment management company’s stock valued at $528,000 after purchasing an additional 5,025 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 3.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 177,224 shares of the investment management company’s stock valued at $769,000 after purchasing an additional 5,959 shares in the last quarter.

Shares of GGN stock traded down $0.08 during trading hours on Thursday, reaching $4.39. The company’s stock had a trading volume of 38,853 shares, compared to its average volume of 789,210. GAMCO Global Gold Ntrl Rsrcs & Incm Trst has a fifty-two week low of $3.51 and a fifty-two week high of $5.02.

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 23rd. Investors of record on Monday, September 16th will be issued a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a dividend yield of 13.67%. The ex-dividend date is Friday, September 13th.

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.

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

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