Sequoia Financial Advisors LLC Purchases New Position in The Gabelli Dividend & Income Trust $GDV

Posted by Geri Gentry on Sep 19th, 2026

Sequoia Financial Advisors LLC acquired a new stake in shares of The Gabelli Dividend & Income Trust (NYSE:GDV – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,000 shares of the financial services provider’s stock, valued at approximately $617,000.

Several other institutional investors have also modified their holdings of GDV. Assetmark Inc. boosted its holdings in shares of The Gabelli Dividend & Income Trust by 142.3% in the 1st quarter. Assetmark Inc. now owns 1,323 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 777 shares during the period. Allied Private Wealth LLC purchased a new stake in The Gabelli Dividend & Income Trust in the 2nd quarter worth about $40,000. Hilton Head Capital Partners LLC bought a new stake in The Gabelli Dividend & Income Trust in the fourth quarter worth about $44,000. Kilter Group LLC bought a new stake in The Gabelli Dividend & Income Trust in the second quarter worth about $47,000. Finally, Navigoe LLC bought a new stake in shares of The Gabelli Dividend & Income Trust during the second quarter worth $57,000.

The Gabelli Dividend & Income Trust Stock Down 0.4%

Shares of NYSE GDV opened at $28.95 on Friday. The Gabelli Dividend & Income Trust has a twelve month low of $26.14 and a twelve month high of $31.00. The business has a fifty day simple moving average of $29.98 and a two-hundred day simple moving average of $29.09.

The Gabelli Dividend & Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 11th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, December 11th. This represents a c) dividend on an annualized basis and a yield of 6.2%.

The Gabelli Dividend & Income Trust Profile

(Free Report)

The Gabelli Dividend & Income Trust (NYSE: GDV) is a diversified, closed-end management investment company organized in 1993 and based in Rye, New York. Managed by Gabelli Funds, LLC—a subsidiary of GAMCO Investors, Inc—the trust seeks to provide a high level of current dividend income while preserving prospects for capital appreciation. It is listed on the New York Stock Exchange and attracts investors looking for regular distributions and potential long-term total return.

The trust’s primary investment focus is on dividend-paying common stocks of U.S.