Susquehanna International Group LLP Trims Stock Holdings in Gabelli Equity Trust Inc. $GAB

Posted by Geri Gentry on Sep 2nd, 2026

Susquehanna International Group LLP lessened its stake in shares of Gabelli Equity Trust Inc. (NYSE:GAB – Free Report) by 93.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 49,431 shares of the financial services provider’s stock after selling 680,332 shares during the quarter. Susquehanna International Group LLP’s holdings in Gabelli Equity Trust were worth $280,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. IMC Chicago LLC acquired a new position in shares of Gabelli Equity Trust in the 2nd quarter worth approximately $1,038,000. Truist Financial Corp boosted its position in shares of Gabelli Equity Trust by 722.6% during the 4th quarter. Truist Financial Corp now owns 172,371 shares of the financial services provider’s stock worth $1,064,000 after purchasing an additional 151,416 shares during the period. Rivernorth Capital Management LLC acquired a new stake in Gabelli Equity Trust in the 2nd quarter valued at approximately $37,409,000. Summit Wealth Group LLC Co. purchased a new stake in Gabelli Equity Trust in the fourth quarter valued at approximately $70,000. Finally, Drucker Wealth 3.0 LLC purchased a new stake in shares of Gabelli Equity Trust in the 4th quarter valued at $126,000. 7.24% of the stock is currently owned by institutional investors and hedge funds.

Gabelli Equity Trust Price Performance

GAB opened at $5.64 on Wednesday. The stock’s 50-day moving average price is $5.67 and its 200 day moving average price is $5.69. Gabelli Equity Trust Inc. has a 12-month low of $5.28 and a 12-month high of $6.37.

Gabelli Equity Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 16th will be paid a dividend of $0.15 per share. The ex-dividend date is Wednesday, September 16th. This represents a $0.60 dividend on an annualized basis and a yield of 10.6%.

About Gabelli Equity Trust

(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.