Wayne Hummer Investments L.L.C. cut its holdings in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) by 23.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,959 shares of the financial services provider’s stock after selling 2,786 shares during the period. Wayne Hummer Investments L.L.C.’s holdings in The Gabelli Dividend & Income Trust were worth $201,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of GDV. Sigma Planning Corp acquired a new stake in The Gabelli Dividend & Income Trust during the 2nd quarter worth approximately $219,000. Sheaff Brock Investment Advisors LLC acquired a new stake in The Gabelli Dividend & Income Trust during the 2nd quarter worth approximately $248,000. IHT Wealth Management LLC boosted its position in The Gabelli Dividend & Income Trust by 3.4% during the 2nd quarter. IHT Wealth Management LLC now owns 5,529 shares of the financial services provider’s stock worth $254,000 after buying an additional 183 shares during the period. Sowell Financial Services LLC acquired a new stake in The Gabelli Dividend & Income Trust during the 3rd quarter worth approximately $254,000. Finally, Stratos Wealth Partners LTD. boosted its position in The Gabelli Dividend & Income Trust by 3.5% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 12,537 shares of the financial services provider’s stock worth $274,000 after buying an additional 420 shares during the period.

The Gabelli Dividend & Income Trust (NYSE:GDV) traded up $0.09 during trading hours on Friday, reaching $21.95. 126,378 shares of the company traded hands, compared to its average volume of 161,578. The Gabelli Dividend & Income Trust has a twelve month low of $19.35 and a twelve month high of $22.86.

The firm also recently announced a monthly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 8th will be given a dividend of $0.11 per share. The ex-dividend date is Thursday, December 7th. This represents a $1.32 annualized dividend and a yield of 6.01%.

ILLEGAL ACTIVITY WARNING: “The Gabelli Dividend & Income Trust (GDV) Shares Sold by Wayne Hummer Investments L.L.C.” was posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this article on another domain, it was illegally copied and republished in violation of U.S. & international copyright laws. The legal version of this article can be accessed at https://theolympiareport.com/2017/11/18/the-gabelli-dividend-income-trust-gdv-shares-sold-by-wayne-hummer-investments-l-l-c.html.

The Gabelli Dividend & Income Trust Profile

The Gabelli Dividend & Income Trust (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a level of total return on its assets with an emphasis on dividends and income. The Fund invests at least 80% of its assets in dividend paying securities, such as common and preferred stock or other income producing securities, such as fixed income debt securities and securities that are convertible into equity securities.

Want to see what other hedge funds are holding GDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Gabelli Dividend & Income Trust (NYSE:GDV).

Institutional Ownership by Quarter for The Gabelli Dividend & Income Trust (NYSE:GDV)

Receive News & Ratings for The Gabelli Dividend & Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Gabelli Dividend & Income Trust and related companies with Analyst Ratings Network's FREE daily email newsletter.