The Gabelli Dividend & Income Trust $GDV Stock Acquired by Shaker Financial Services LLC

Posted by George Bondi on Oct 14th, 2026

Shaker Financial Services LLC lifted its holdings in The Gabelli Dividend & Income Trust (NYSE:GDV – Free Report) by 35.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 222,969 shares of the financial services provider’s stock after buying an additional 58,949 shares during the period. The Gabelli Dividend & Income Trust makes up about 2.1% of Shaker Financial Services LLC’s portfolio, making the stock its 8th biggest holding. Shaker Financial Services LLC’s holdings in The Gabelli Dividend & Income Trust were worth $6,308,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in GDV. Bank of America Corp DE bought a new position in shares of The Gabelli Dividend & Income Trust in the 2nd quarter valued at about $14,637,000. Capstone Investment Advisors LLC bought a new stake in The Gabelli Dividend & Income Trust during the second quarter worth approximately $7,710,000. Evolve Private Wealth LLC bought a new stake in The Gabelli Dividend & Income Trust during the fourth quarter worth approximately $2,978,000. MSH Capital Advisors LLC purchased a new stake in The Gabelli Dividend & Income Trust during the second quarter valued at approximately $2,968,000. Finally, Silverlake Wealth Management LLC bought a new stake in shares of The Gabelli Dividend & Income Trust in the 2nd quarter valued at approximately $2,559,000.

The Gabelli Dividend & Income Trust Price Performance

Shares of NYSE:GDV traded down $0.14 during trading on Wednesday, hitting $28.36. The company had a trading volume of 38,357 shares, compared to its average volume of 110,284. The company has a fifty day simple moving average of $29.57 and a two-hundred day simple moving average of $29.22. The Gabelli Dividend & Income Trust has a one year low of $26.14 and a one year high of $31.00.

The Gabelli Dividend & Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 11th will be issued a dividend of $0.15 per share. This represents a $1.80 annualized dividend and a yield of 6.3%. The ex-dividend date is Friday, December 11th.

The Gabelli Dividend & Income Trust Profile

(Free Report)

The Gabelli Dividend & Income Trust (NYSE: GDV) is a diversified, closed-end management investment company. Its primary objective is to provide a high level of current income while also pursuing long-term capital appreciation. The trust invests primarily in dividend-paying common stocks and may also hold preferred stocks, convertible securities and other income-producing investments.

Gabelli Funds, LLC serves as the trust’s investment adviser. The portfolio is managed using Gabelli’s fundamental, research-driven approach, which focuses on identifying companies that the adviser believes are selling below their estimates of intrinsic value.