Vident Investment Advisory buys $8.3 Million stake in GAMCO Global Gold Ntrl Rsrcs & Incm Trst (GGN)

GAMCO Global Gold Ntrl Rsrcs & Incm Trst (GGN) : Vident Investment Advisory scooped up 685,337 additional shares in GAMCO Global Gold Ntrl Rsrcs & Incm Trst during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 23, 2016. The investment management firm now holds a total of 1,340,558 shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst which is valued at $8.3 Million.GAMCO Global Gold Ntrl Rsrcs & Incm Trst makes up approximately 0.57% of Vident Investment Advisory’s portfolio.

Other Hedge Funds, Including , Pinkerton Retirement Specialists boosted its stake in GGN in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 25 shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst which is valued at $157.National Asset Management reduced its stake in GGN by selling 1,537 shares or 2.6% in the most recent quarter. The Hedge Fund company now holds 57,575 shares of GGN which is valued at $362,147. GAMCO Global Gold Ntrl Rsrcs & Incm Trst makes up approx 0.08% of National Asset Management’s portfolio.D.a. Davidson boosted its stake in GGN in the latest quarter, The investment management firm added 15,468 additional shares and now holds a total of 202,750 shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst which is valued at $1.3 Million. GAMCO Global Gold Ntrl Rsrcs & Incm Trst makes up approx 0.04% of D.a. Davidson’s portfolio. Susquehanna International Group Llp sold out all of its stake in GGN during the most recent quarter. The investment firm sold 10,656 shares of GGN which is valued $67,879. Mosaic Family Wealth sold out all of its stake in GGN during the most recent quarter. The investment firm sold 10,410 shares of GGN which is valued $66,312.

GAMCO Global Gold Ntrl Rsrcs & Incm Trst closed down -0.12 points or -1.91% at $6.17 with 3,39,117 shares getting traded on Friday. Post opening the session at $6.27, the shares hit an intraday low of $6.15 and an intraday high of $6.28 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

GAMCO Global Gold Natural Resources & Income Trust (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income. The Fund’s secondary investment objective is to seek capital appreciation consistent with the Fund’s strategy and its primary objective. The Fund will attempt to achieve its objectives under normal market conditions by investing around 80% of its assets in equity securities of companies principally engaged in the gold and natural resources industries. As part of its investment strategy the Fund intends to earn income through an option strategy of writing (selling) covered call options on equity securities in its portfolio. Its portfolio includes investments in sectors such as metals and mining energy and energy services and the United States Government obligations among others. The Fund is managed by Gabelli Funds LLC which is affiliated with GAMCO Investors Inc.

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