Consolidated Portfolio Review Corp Has $680,000 Stake in The Gabelli Dividend & Income Trust (NYSE:GDV)

Consolidated Portfolio Review Corp reduced its stake in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) by 2.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,170 shares of the financial services provider’s stock after selling 576 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in The Gabelli Dividend & Income Trust were worth $680,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. DAVENPORT & Co LLC grew its holdings in The Gabelli Dividend & Income Trust by 2.4% during the fourth quarter. DAVENPORT & Co LLC now owns 16,788 shares of the financial services provider’s stock valued at $405,000 after purchasing an additional 400 shares during the period. Maltin Wealth Management Inc. boosted its position in shares of The Gabelli Dividend & Income Trust by 3.5% during the fourth quarter. Maltin Wealth Management Inc. now owns 51,466 shares of the financial services provider’s stock worth $1,243,000 after purchasing an additional 1,727 shares in the last quarter. Hennion & Walsh Asset Management Inc. acquired a new position in shares of The Gabelli Dividend & Income Trust in the 4th quarter valued at $278,000. Integrated Capital Management Inc. increased its position in shares of The Gabelli Dividend & Income Trust by 3.8% in the 4th quarter. Integrated Capital Management Inc. now owns 15,656 shares of the financial services provider’s stock valued at $378,000 after buying an additional 576 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in The Gabelli Dividend & Income Trust during the 3rd quarter worth $180,000.

Insider Buying and Selling

In related news, insider Mario J. Gabelli purchased 2,300 shares of The Gabelli Dividend & Income Trust stock in a transaction dated Friday, January 17th. The stock was bought at an average price of $24.83 per share, for a total transaction of $57,109.00. Following the completion of the acquisition, the insider now directly owns 145,812 shares of the company’s stock, valued at $3,620,511.96. This represents a 1.60 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

The Gabelli Dividend & Income Trust Trading Down 0.5 %

GDV stock opened at $25.07 on Friday. The Gabelli Dividend & Income Trust has a 1-year low of $21.44 and a 1-year high of $25.67. The business’s 50-day moving average price is $24.74 and its two-hundred day moving average price is $24.31.

The Gabelli Dividend & Income Trust Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 17th were given a $0.14 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a dividend yield of 6.84%.

The Gabelli Dividend & Income Trust Profile

The Gabelli Dividend & 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 of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.