The Gabelli Utility Trust (NYSE:GUT) Position Lowered by MAS Advisors LLC

MAS Advisors LLC reduced its position in The Gabelli Utility Trust (NYSE:GUT) by 62.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 81,561 shares of the investment management company’s stock after selling 133,582 shares during the quarter. MAS Advisors LLC’s holdings in The Gabelli Utility Trust were worth $410,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in The Gabelli Utility Trust by 601.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,867 shares of the investment management company’s stock worth $35,000 after acquiring an additional 5,030 shares during the last quarter. Kingswood Wealth Advisors LLC acquired a new position in The Gabelli Utility Trust during the 4th quarter valued at approximately $62,000. Sonora Investment Management Group LLC increased its position in The Gabelli Utility Trust by 20.0% in the fourth quarter. Sonora Investment Management Group LLC now owns 14,419 shares of the investment management company’s stock worth $73,000 after buying an additional 2,404 shares during the period. Pure Financial Advisors LLC bought a new stake in The Gabelli Utility Trust in the third quarter valued at $78,000. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in shares of The Gabelli Utility Trust by 4.1% during the third quarter. Nations Financial Group Inc. IA ADV now owns 53,932 shares of the investment management company’s stock valued at $280,000 after acquiring an additional 2,124 shares during the period.

The Gabelli Utility Trust Stock Up 0.1 %

GUT stock opened at $5.46 on Wednesday. The Gabelli Utility Trust has a fifty-two week low of $4.97 and a fifty-two week high of $6.25. The firm’s 50-day simple moving average is $5.32 and its 200 day simple moving average is $5.46.

The Gabelli Utility Trust Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 17th were issued a dividend of $0.05 per share. This represents a dividend yield of 11.03%. The ex-dividend date was Thursday, January 16th.

The Gabelli Utility Trust Company Profile

The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations.