GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT – Get Free Report) major shareholder Saba Capital Management, L.P. sold 6,112 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $5.89, for a total transaction of $35,999.68. Following the completion of the transaction, the insider now owns 1,806,177 shares in the company, valued at $10,638,382.53. This represents a 0.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Saba Capital Management, L.P. also recently made the following trade(s):
- On Wednesday, March 5th, Saba Capital Management, L.P. sold 14,415 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $5.80, for a total transaction of $83,607.00.
- On Friday, February 28th, Saba Capital Management, L.P. sold 108 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $5.89, for a total transaction of $636.12.
GAMCO Natural Resources, Gold & Income Trust Stock Performance
NYSE GNT opened at $5.91 on Tuesday. The company has a fifty day moving average of $5.78 and a two-hundred day moving average of $5.78. GAMCO Natural Resources, Gold & Income Trust has a 1 year low of $5.02 and a 1 year high of $6.16.
GAMCO Natural Resources, Gold & Income Trust Announces Dividend
Institutional Investors Weigh In On GAMCO Natural Resources, Gold & Income Trust
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the fourth quarter worth approximately $70,000. Alteri Wealth LLC purchased a new position in GAMCO Natural Resources, Gold & Income Trust during the 4th quarter worth $75,000. Samalin Investment Counsel LLC acquired a new position in GAMCO Natural Resources, Gold & Income Trust in the fourth quarter valued at $93,000. Quarry LP purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the third quarter valued at about $151,000. Finally, Private Advisor Group LLC boosted its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 14.6% during the fourth quarter. Private Advisor Group LLC now owns 31,538 shares of the investment management company’s stock worth $167,000 after buying an additional 4,017 shares during the period.
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.
Read More
- Five stocks we like better than GAMCO Natural Resources, Gold & Income Trust
- Investing in Travel Stocks Benefits
- Can TikTok Stock Picks Really Make You Rich?
- What is diluted earnings per share (Diluted EPS)?
- The “Quality” Rotation: Back to Basics Investing
- How to Find Undervalued Stocks
- Occidental Petroleum: 4 Reasons to Love These Prices
Receive News & Ratings for GAMCO Natural Resources Gold & Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GAMCO Natural Resources Gold & Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.