180 Wealth Advisors LLC Has $881,000 Stock Position in The Gabelli Dividend & Income Trust (NYSE:GDV)

180 Wealth Advisors LLC boosted its position in The Gabelli Dividend & Income Trust (NYSE:GDV) by 14.9% in the 1st quarter, HoldingsChannel reports. The firm owned 38,318 shares of the financial services provider’s stock after acquiring an additional 4,975 shares during the period. 180 Wealth Advisors LLC’s holdings in The Gabelli Dividend & Income Trust were worth $881,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of GDV. Cornerstone Advisors LLC lifted its position in The Gabelli Dividend & Income Trust by 29.6% during the fourth quarter. Cornerstone Advisors LLC now owns 1,234,773 shares of the financial services provider’s stock worth $26,720,000 after acquiring an additional 282,069 shares during the last quarter. Raymond James & Associates lifted its position in The Gabelli Dividend & Income Trust by 3.1% during the fourth quarter. Raymond James & Associates now owns 896,701 shares of the financial services provider’s stock worth $19,405,000 after acquiring an additional 26,717 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in The Gabelli Dividend & Income Trust by 27.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 826,407 shares of the financial services provider’s stock worth $17,883,000 after acquiring an additional 177,824 shares during the last quarter. 1607 Capital Partners LLC lifted its position in The Gabelli Dividend & Income Trust by 0.5% during the fourth quarter. 1607 Capital Partners LLC now owns 784,003 shares of the financial services provider’s stock worth $16,966,000 after acquiring an additional 3,820 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its position in The Gabelli Dividend & Income Trust by 2,064.0% during the fourth quarter. International Assets Investment Management LLC now owns 311,616 shares of the financial services provider’s stock worth $6,743,000 after acquiring an additional 297,216 shares during the last quarter.

The Gabelli Dividend & Income Trust Price Performance

GDV stock remained flat at $22.70 during mid-day trading on Thursday. 188,469 shares of the company’s stock traded hands, compared to its average volume of 167,379. The business has a fifty day simple moving average of $22.47 and a 200 day simple moving average of $22.10. The Gabelli Dividend & Income Trust has a 1 year low of $18.04 and a 1 year high of $23.05.

The Gabelli Dividend & Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 24th. Shareholders of record on Wednesday, July 17th will be given a dividend of $0.11 per share. The ex-dividend date is Wednesday, July 17th. This represents a $1.32 annualized dividend and a yield of 5.81%.

About The Gabelli Dividend & Income Trust

The Gabelli Dividend & 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 of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.