GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Major Shareholder Sells $29,005.65 in Stock

Posted by George Bondi on Jun 27th, 2025

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT – Get Free Report) major shareholder Saba Capital Management, L.P. sold 4,497 shares of the firm’s stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $6.45, for a total transaction of $29,005.65. Following the transaction, the insider now directly owns 1,712,853 shares of the company’s stock, valued at approximately $11,047,901.85. This represents a 0.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Wednesday, June 25th, Saba Capital Management, L.P. sold 4,029 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.28, for a total transaction of $25,302.12.
On Tuesday, June 24th, Saba Capital Management, L.P. sold 1,875 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $6.28, for a total value of $11,775.00.
On Friday, June 20th, Saba Capital Management, L.P. sold 12,616 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.47, for a total value of $81,625.52.
On Wednesday, June 18th, Saba Capital Management, L.P. sold 2,172 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $6.50, for a total value of $14,118.00.
On Tuesday, June 17th, Saba Capital Management, L.P. sold 4,607 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.55, for a total value of $30,175.85.
On Monday, June 16th, Saba Capital Management, L.P. sold 9,080 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $6.52, for a total value of $59,201.60.
On Wednesday, April 16th, Saba Capital Management, L.P. sold 24,059 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.10, for a total transaction of $146,759.90.
On Thursday, April 3rd, Saba Capital Management, L.P. sold 33,712 shares of GAMCO Natural Resources, Gold & Income Trust stock. The stock was sold at an average price of $6.01, for a total transaction of $202,609.12.
On Tuesday, April 1st, Saba Capital Management, L.P. sold 2,581 shares of GAMCO Natural Resources, Gold & Income Trust stock. The shares were sold at an average price of $6.11, for a total transaction of $15,769.91.

GAMCO Natural Resources, Gold & Income Trust Price Performance

Shares of NYSE GNT opened at $6.31 on Friday. The firm’s 50-day moving average price is $6.19 and its two-hundred day moving average price is $5.90. GAMCO Natural Resources, Gold & Income Trust has a 52-week low of $5.02 and a 52-week high of $6.62.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Tuesday, September 16th will be issued a $0.04 dividend. This represents a $0.48 annualized dividend and a dividend yield of 7.61%. The ex-dividend date is Tuesday, September 16th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GNT. Raymond James Financial Inc. bought a new stake in GAMCO Natural Resources, Gold & Income Trust in the fourth quarter valued at $1,806,000. Sit Investment Associates Inc. grew its position in shares of GAMCO Natural Resources, Gold & Income Trust by 42.4% during the first quarter. Sit Investment Associates Inc. now owns 172,507 shares of the investment management company’s stock worth $1,051,000 after acquiring an additional 51,332 shares during the last quarter. Wolverine Asset Management LLC acquired a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the 4th quarter worth about $236,000. Samalin Investment Counsel LLC lifted its position in GAMCO Natural Resources, Gold & Income Trust by 199.4% in the 1st quarter. Samalin Investment Counsel LLC now owns 52,389 shares of the investment management company’s stock valued at $319,000 after purchasing an additional 34,889 shares during the last quarter. Finally, Private Advisor Group LLC lifted its position in GAMCO Natural Resources, Gold & Income Trust by 109.4% in the 1st quarter. Private Advisor Group LLC now owns 66,038 shares of the investment management company’s stock valued at $402,000 after purchasing an additional 34,500 shares during the last quarter.

About GAMCO Natural Resources, Gold & Income Trust

(Get Free Report)

GAMCO Natural Resources, Gold & 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 across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities.