PNC Financial Services Group Inc. lifted its stake in shares of The Gabelli Dividend & Income Trust (NYSE:GDV – Free Report) by 3.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,958 shares of the financial services provider’s stock after buying an additional 1,650 shares during the quarter. PNC Financial Services Group Inc.’s holdings in The Gabelli Dividend & Income Trust were worth $893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently modified their holdings of GDV. Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new stake in The Gabelli Dividend & Income Trust during the first quarter worth about $28,000. McIlrath & Eck LLC boosted its stake in The Gabelli Dividend & Income Trust by 961.4% during the fourth quarter. McIlrath & Eck LLC now owns 2,335 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 2,115 shares in the last quarter. Resurgent Financial Advisors LLC bought a new stake in The Gabelli Dividend & Income Trust during the fourth quarter worth about $103,000. Captrust Financial Advisors bought a new stake in The Gabelli Dividend & Income Trust during the second quarter worth about $149,000. Finally, NBC Securities Inc. bought a new stake in The Gabelli Dividend & Income Trust during the third quarter worth about $200,000.
The Gabelli Dividend & Income Trust Price Performance
NYSE:GDV opened at $22.34 on Monday. The Gabelli Dividend & Income Trust has a one year low of $18.04 and a one year high of $22.50. The company’s 50-day simple moving average is $21.61 and its 200 day simple moving average is $20.54.
The Gabelli Dividend & Income Trust Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Friday, June 21st. Investors of record on Thursday, June 13th will be paid a dividend of $0.11 per share. This represents a $1.32 annualized dividend and a yield of 5.91%. The ex-dividend date of this dividend is Thursday, June 13th.
The Gabelli Dividend & Income Trust Company 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.
See Also
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Source: americanbankingnews.com
