Morse Asset Management Inc Has $45,000 Stock Position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN)

Morse Asset Management Inc lowered its position in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 33.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,613 shares of the investment management company’s stock after selling 5,387 shares during the quarter. Morse Asset Management Inc’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $45,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in GGN. Concourse Financial Group Securities Inc. increased its position in GAMCO Global Gold, Natural Resources & Income Trust by 6.1% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 41,180 shares of the investment management company’s stock valued at $176,000 after acquiring an additional 2,350 shares in the last quarter. Capital Market Strategies LLC increased its position in GAMCO Global Gold, Natural Resources & Income Trust by 9.5% in the 3rd quarter. Capital Market Strategies LLC now owns 28,851 shares of the investment management company’s stock valued at $123,000 after acquiring an additional 2,500 shares in the last quarter. Truist Financial Corp boosted its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 4.2% in the 2nd quarter. Truist Financial Corp now owns 66,052 shares of the investment management company’s stock valued at $268,000 after purchasing an additional 2,654 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 4.8% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 128,032 shares of the investment management company’s stock valued at $548,000 after purchasing an additional 5,899 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 6.8% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 111,300 shares of the investment management company’s stock valued at $476,000 after purchasing an additional 7,100 shares during the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Trading Down 0.7 %

NYSEAMERICAN:GGN opened at $4.09 on Thursday. GAMCO Global Gold, Natural Resources & Income Trust has a one year low of $3.66 and a one year high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 17th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.36 annualized dividend and a yield of 8.80%.

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.