Cornerstone Advisors LLC Has $721,000 Stock Holdings in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Cornerstone Advisors LLC increased its position in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 1,017.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 191,201 shares of the investment management company’s stock after buying an additional 174,098 shares during the quarter. Cornerstone Advisors LLC’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $721,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Creative Planning bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the third quarter worth $57,000. Farther Finance Advisors LLC bought a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 3rd quarter valued at approximately $34,000. Oppenheimer & Co. Inc. increased its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 6.8% during 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 last quarter. Captrust Financial Advisors bought a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter worth approximately $52,000. Finally, Stifel Financial Corp lifted its stake in GAMCO Global Gold, Natural Resources & Income Trust by 3.4% in the third quarter. Stifel Financial Corp now owns 254,619 shares of the investment management company’s stock valued at $1,090,000 after purchasing an additional 8,423 shares during the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

GAMCO Global Gold, Natural Resources & Income Trust stock opened at $4.06 on Tuesday. GAMCO Global Gold, Natural Resources & Income Trust has a 1-year low of $3.71 and a 1-year high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, June 23rd. Shareholders of record on Friday, June 13th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.36 annualized dividend and a dividend yield of 8.87%.

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.