Gabelli Equity Trust (NYSE:GAB) Share Price Passes Below 200 Day Moving Average – What’s Next?

Posted by Brenda Bartman on Jul 30th, 2026

Gabelli Equity Trust Inc. (NYSE:GAB – Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.76 and traded as low as $5.64. Gabelli Equity Trust shares last traded at $5.6650, with a volume of 612,098 shares.

Gabelli Equity Trust Price Performance

The stock’s fifty day simple moving average is $5.60 and its 200-day simple moving average is $5.76.

Gabelli Equity Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Monday, June 15th were issued a $0.15 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.6%.

Hedge Funds Weigh In On Gabelli Equity Trust

Hedge funds have recently bought and sold shares of the company. Commonwealth Retirement Investments LLC purchased a new stake in Gabelli Equity Trust during the fourth quarter worth $30,000. Flagship Harbor Advisors LLC purchased a new position in shares of Gabelli Equity Trust in the fourth quarter valued at $30,000. Geneos Wealth Management Inc. increased its position in shares of Gabelli Equity Trust by 200.0% in the second quarter. Geneos Wealth Management Inc. now owns 5,100 shares of the financial services provider’s stock valued at $30,000 after buying an additional 3,400 shares in the last quarter. Larson Financial Group LLC acquired a new position in shares of Gabelli Equity Trust during the 3rd quarter worth $34,000. Finally, PNC Financial Services Group Inc. acquired a new position in shares of Gabelli Equity Trust during the 1st quarter worth $33,000. 7.24% of the stock is owned by hedge funds and other institutional investors.

Gabelli Equity Trust Company Profile

(Get Free Report)

Gabelli Equity Trust, Inc (NYSE: GAB) is a closed-end management investment company focused on generating long-term capital appreciation through an actively managed portfolio of primarily U.S.-listed equity securities. Incorporated in Delaware, the Trust pursues a value-oriented approach, leveraging intensive fundamental research to identify small- and mid-cap companies with growth potential and favorable valuation metrics.

Since its initial public offering in 1977, the Trust has invested across a range of sectors, including consumer staples, financial services, industrials and technology, aiming to construct a high-conviction portfolio of companies expected to outperform over time.