Maltin Wealth Management Inc. Grows Stock Holdings in The Gabelli Dividend & Income Trust (NYSE:GDV)

Maltin Wealth Management Inc. lifted its holdings in The Gabelli Dividend & Income Trust (NYSE:GDV) by 3.5% during the fourth quarter, Holdings Channel reports. The fund owned 51,466 shares of the financial services provider’s stock after buying an additional 1,727 shares during the quarter. Maltin Wealth Management Inc.’s holdings in The Gabelli Dividend & Income Trust were worth $1,243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its position in The Gabelli Dividend & Income Trust by 2,345.0% in the 3rd quarter. International Assets Investment Management LLC now owns 352,080 shares of the financial services provider’s stock worth $8,608,000 after purchasing an additional 337,680 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of The Gabelli Dividend & Income Trust by 0.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 101,952 shares of the financial services provider’s stock valued at $2,315,000 after purchasing an additional 721 shares during the period. Private Advisor Group LLC boosted its holdings in The Gabelli Dividend & Income Trust by 2.9% during the third quarter. Private Advisor Group LLC now owns 168,095 shares of the financial services provider’s stock worth $4,110,000 after buying an additional 4,689 shares in the last quarter. MML Investors Services LLC grew its position in The Gabelli Dividend & Income Trust by 3.6% during the third quarter. MML Investors Services LLC now owns 14,212 shares of the financial services provider’s stock valued at $347,000 after buying an additional 488 shares during the period. Finally, CWM LLC grew its position in The Gabelli Dividend & Income Trust by 11.6% during the third quarter. CWM LLC now owns 5,227 shares of the financial services provider’s stock valued at $128,000 after buying an additional 545 shares during the period.

The Gabelli Dividend & Income Trust Trading Up 1.0 %

Shares of The Gabelli Dividend & Income Trust stock opened at $24.82 on Monday. The firm has a 50-day simple moving average of $24.72 and a two-hundred day simple moving average of $24.14. The Gabelli Dividend & Income Trust has a fifty-two week low of $20.99 and a fifty-two week high of $25.67.

The Gabelli Dividend & Income Trust Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 17th will be issued a $0.14 dividend. The ex-dividend date is Thursday, January 16th. This represents a yield of 6.84%.

The Gabelli Dividend & Income Trust Profile

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.