GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $5.64 and traded as high as $5.90. GAMCO Natural Resources, Gold & Income Trust shares last traded at $5.88, with a volume of 42,069 shares traded.

GAMCO Natural Resources, Gold & Income Trust Stock Up 0.2 %

The company has a 50 day moving average price of $5.64 and a 200-day moving average price of $5.74.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 17th were given a $0.04 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 8.36%.

Institutional Trading of GAMCO Natural Resources, Gold & Income Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Capital Wealth Alliance LLC boosted its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 2.3% in the third quarter. Capital Wealth Alliance LLC now owns 488,629 shares of the investment management company’s stock valued at $2,868,000 after acquiring an additional 10,987 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in GAMCO Natural Resources, Gold & Income Trust in the fourth quarter worth approximately $1,806,000. International Assets Investment Management LLC boosted its stake in 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 purchasing an additional 110,957 shares in the last quarter. PFG Investments LLC increased its position in shares of GAMCO Natural Resources, Gold & Income Trust by 120.5% during the 4th quarter. PFG Investments LLC now owns 99,784 shares of the investment management company’s stock valued at $528,000 after purchasing an additional 54,526 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 59.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 45,651 shares of the investment management company’s stock worth $241,000 after buying an additional 16,974 shares in 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.