29,058 Shares in The Gabelli Dividend & Income Trust (NYSE:GDV) Bought by PFG Investments LLC

PFG Investments LLC acquired a new stake in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 29,058 shares of the financial services provider’s stock, valued at approximately $668,000.

Other institutional investors have also modified their holdings of the company. Benjamin F. Edwards & Company Inc. raised its stake in shares of The Gabelli Dividend & Income Trust by 40.0% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,100 shares of the financial services provider’s stock valued at $45,000 after buying an additional 600 shares during the last quarter. Bogart Wealth LLC raised its stake in shares of The Gabelli Dividend & Income Trust by 31.4% during the 4th quarter. Bogart Wealth LLC now owns 4,184 shares of the financial services provider’s stock valued at $91,000 after buying an additional 1,000 shares during the last quarter. CWM LLC grew its position in shares of The Gabelli Dividend & Income Trust by 223.5% during the 4th quarter. CWM LLC now owns 4,633 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 3,201 shares during the period. Vima LLC acquired a new stake in shares of The Gabelli Dividend & Income Trust during the 4th quarter valued at about $132,000. Finally, SMH Capital Advisors Inc. acquired a new stake in shares of The Gabelli Dividend & Income Trust during the 4th quarter valued at about $209,000.

The Gabelli Dividend & Income Trust Price Performance

Shares of NYSE:GDV traded up $0.06 during trading on Monday, reaching $22.06. 111,609 shares of the company’s stock traded hands, compared to its average volume of 178,267. The Gabelli Dividend & Income Trust has a fifty-two week low of $18.04 and a fifty-two week high of $23.00. The company has a 50-day simple moving average of $22.32 and a 200-day simple moving average of $21.20.

The Gabelli Dividend & Income Trust Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 23rd. Investors of record on Tuesday, April 16th were issued a $0.11 dividend. This represents a yield of 6.01%. The ex-dividend date of this dividend was Monday, April 15th.

About The Gabelli Dividend & Income Trust

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.