GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.72 and traded as low as $5.58. GAMCO Natural Resources, Gold & Income Trust shares last traded at $5.62, with a volume of 30,813 shares changing hands.

GAMCO Natural Resources, Gold & Income Trust Trading Up 2.3 %

The company’s 50-day simple moving average is $5.64 and its 200-day simple moving average is $5.72.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, January 24th. Shareholders of record on Friday, January 17th will be paid a dividend of $0.04 per share. The ex-dividend date is Thursday, January 16th. This represents a yield of 8.36%.

Institutional Investors Weigh In On GAMCO Natural Resources, Gold & Income Trust

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Stephens Inc. AR lifted its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 21.9% in the 3rd quarter. Stephens Inc. AR now owns 13,210 shares of the investment management company’s stock worth $78,000 after purchasing an additional 2,375 shares in the last quarter. Quarry LP purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust during the 3rd quarter worth approximately $151,000. Chevy Chase Trust Holdings LLC purchased a new stake in GAMCO Natural Resources, Gold & Income Trust during the 3rd quarter worth about $176,000. Oxbow Advisors LLC purchased a new position in GAMCO Natural Resources, Gold & Income Trust during the third quarter valued at approximately $226,000. Finally, International Assets Investment Management LLC boosted its position in shares of GAMCO Natural Resources, Gold & Income Trust by 434.2% during the 3rd quarter. International Assets Investment Management LLC now owns 136,513 shares of the investment management company’s stock valued at $801,000 after acquiring an additional 110,957 shares during the last quarter.

About GAMCO Natural Resources, Gold & Income Trust

GAMCO Natural Resources, Gold & 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 public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities.