Gabelli Global Utility & Income Trust (GLU) Files Form 4 Insider Selling : Mario J Gabelli Sells 999 Shares

Gabelli Global Utility & Income Trust (GLU): Mario J Gabelli , other of Gabelli Global Utility & Income Trust sold 999 shares on Jul 5, 2016. The Insider selling transaction was reported by the company on Jul 7, 2016 to the Securities and Exchange Commission. The shares were sold at $51.05 per share for a total value of $50,998.95 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 17, 2016, James P Conn (director) sold 1,667 shares at $50.81 per share price.On Aug 31, 2015, Mario J Gabelli (other) sold 1,403 shares at $16.90 per share price.

Shares of Gabelli Global Utility of Beneficial Ownership (GLU) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.15 points or -0.80% at $18.54 with 6,335 shares getting traded. Post opening the session at $18.69, the shares hit an intraday low of $18.5 and an intraday high of $18.69 and the price vacillated in this range throughout the day. The company has a market cap of $76 M and the number of outstanding shares has been calculated to be 41,11,296 shares. The 52-week high of Gabelli Global Utility of Beneficial Ownership is $19.0999 and the 52-week low is $14.1.

Gabelli Global Utility of Beneficial Ownership Money Flow Index Chart

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