The Gabelli Dividend & Income Trust (NYSE:GDV) Shares Sold by Logan Stone Capital LLC

Logan Stone Capital LLC trimmed its holdings in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) by 16.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 100,455 shares of the financial services provider’s stock after selling 19,380 shares during the quarter. The Gabelli Dividend & Income Trust accounts for approximately 0.8% of Logan Stone Capital LLC’s portfolio, making the stock its 19th biggest position. Logan Stone Capital LLC’s holdings in The Gabelli Dividend & Income Trust were worth $2,426,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Russell Investments Group Ltd. increased its position in The Gabelli Dividend & Income Trust by 75.6% during the fourth quarter. Russell Investments Group Ltd. now owns 1,103 shares of the financial services provider’s stock worth $27,000 after buying an additional 475 shares during the period. Jones Financial Companies Lllp purchased a new stake in shares of The Gabelli Dividend & Income Trust in the fourth quarter valued at approximately $28,000. IFP Advisors Inc boosted its position in The Gabelli Dividend & Income Trust by 1,425.3% during the fourth quarter. IFP Advisors Inc now owns 1,205 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 1,126 shares in the last quarter. US Bancorp DE purchased a new stake in The Gabelli Dividend & Income Trust during the fourth quarter worth $39,000. Finally, Anderson Financial Strategies LLC purchased a new stake in The Gabelli Dividend & Income Trust during the fourth quarter worth $123,000.

The Gabelli Dividend & Income Trust Stock Performance

Shares of NYSE:GDV opened at $23.99 on Monday. The Gabelli Dividend & Income Trust has a 52-week low of $20.10 and a 52-week high of $25.67. The stock’s fifty day simple moving average is $23.39 and its 200-day simple moving average is $24.29.

The Gabelli Dividend & Income Trust Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Tuesday, April 15th were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, 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.