Tsfg LLC Invests $28,000 in The Gabelli Dividend & Income Trust (NYSE:GDV)

Tsfg LLC acquired a new position in shares of The Gabelli Dividend & Income Trust (NYSE:GDVGet Rating) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 1,033 shares of the financial services provider’s stock, valued at approximately $28,000.

Several other institutional investors and hedge funds also recently modified their holdings of GDV. HighTower Advisors LLC grew its stake in The Gabelli Dividend & Income Trust by 9.0% during the fourth quarter. HighTower Advisors LLC now owns 25,592 shares of the financial services provider’s stock worth $690,000 after purchasing an additional 2,117 shares during the period. Wolverine Asset Management LLC grew its stake in The Gabelli Dividend & Income Trust by 459.9% during the fourth quarter. Wolverine Asset Management LLC now owns 30,802 shares of the financial services provider’s stock worth $831,000 after purchasing an additional 25,301 shares during the period. UMB Bank N A MO acquired a new stake in The Gabelli Dividend & Income Trust during the fourth quarter worth approximately $54,000. 55I LLC acquired a new stake in The Gabelli Dividend & Income Trust during the fourth quarter worth approximately $852,000. Finally, Baird Financial Group Inc. grew its stake in The Gabelli Dividend & Income Trust by 10.8% during the fourth quarter. Baird Financial Group Inc. now owns 11,227 shares of the financial services provider’s stock worth $303,000 after purchasing an additional 1,094 shares during the period.

NYSE GDV traded down $0.06 during trading hours on Tuesday, hitting $21.40. 2,908 shares of the company’s stock were exchanged, compared to its average volume of 196,149. The firm has a 50-day moving average of $23.76. The Gabelli Dividend & Income Trust has a 1-year low of $21.45 and a 1-year high of $27.61.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, June 23rd. Shareholders of record on Wednesday, June 15th will be paid a $0.11 dividend. The ex-dividend date is Tuesday, June 14th. This represents a $1.32 dividend on an annualized basis and a yield of 6.17%.

In other news, President Bruce N. Alpert acquired 4,000 shares of The Gabelli Dividend & Income Trust stock in a transaction on Monday, March 14th. The stock was purchased at an average price of $21.05 per share, with a total value of $84,200.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

The Gabelli Dividend & Income Trust Company Profile (Get Rating)

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.

Recommended Stories

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:GDVGet Rating).

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 MarketBeat.com's FREE daily email newsletter.