Wolverine Asset Management LLC Makes New Investment in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Wolverine Asset Management LLC purchased a new position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 285,266 shares of the investment management company’s stock, valued at approximately $1,075,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Stratos Wealth Partners LTD. raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 5.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 79,811 shares of the investment management company’s stock worth $301,000 after purchasing an additional 4,026 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 4.8% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 128,032 shares of the investment management company’s stock worth $548,000 after purchasing an additional 5,899 shares during the period. Oppenheimer & Co. Inc. raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 6.8% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 111,300 shares of the investment management company’s stock worth $476,000 after purchasing an additional 7,100 shares during the period. Farther Finance Advisors LLC purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter worth about $34,000. Finally, Stifel Financial Corp raised its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 3.4% in the 3rd quarter. Stifel Financial Corp now owns 254,619 shares of the investment management company’s stock worth $1,090,000 after purchasing an additional 8,423 shares during the period.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

GAMCO Global Gold, Natural Resources & Income Trust stock opened at $4.15 on Friday. GAMCO Global Gold, Natural Resources & Income Trust has a 12 month low of $3.70 and a 12 month high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, June 23rd. Investors of record on Friday, June 13th will be issued a dividend of $0.03 per share. The ex-dividend date is Friday, June 13th. This represents a $0.36 annualized dividend and a dividend yield of 8.67%.

About GAMCO Global Gold, Natural Resources & Income Trust

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.