Gamco Investors INC. ET AL Buys Shares of 10,000 The Gabelli Dividend & Income Trust (NYSE:GDV)

Gamco Investors INC. ET AL purchased a new stake in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,000 shares of the financial services provider’s stock, valued at approximately $242,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. boosted its position in The Gabelli Dividend & Income Trust by 75.6% during the 4th quarter. Russell Investments Group Ltd. now owns 1,103 shares of the financial services provider’s stock worth $27,000 after buying an additional 475 shares during the period. Jones Financial Companies Lllp bought a new position in shares of The Gabelli Dividend & Income Trust during the fourth quarter valued at $28,000. IFP Advisors Inc raised its stake in shares of The Gabelli Dividend & Income Trust by 1,425.3% during the fourth quarter. IFP Advisors Inc now owns 1,205 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 1,126 shares during the last quarter. US Bancorp DE acquired a new position in shares of The Gabelli Dividend & Income Trust during the fourth quarter worth $39,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of The Gabelli Dividend & Income Trust in the third quarter worth $180,000.

The Gabelli Dividend & Income Trust Stock Up 0.9 %

Shares of NYSE:GDV opened at $22.53 on Friday. The Gabelli Dividend & Income Trust has a 12-month low of $20.10 and a 12-month high of $25.67. The business has a fifty day simple moving average of $23.82 and a 200 day simple moving average of $24.40.

The Gabelli Dividend & Income Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Tuesday, April 15th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Tuesday, April 15th.

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.