The Gabelli Dividend & Income Trust (NYSE:GDV) Stock Breaks Below 200-Day Moving Average – Time to Sell?

Posted by Francis Steltz on Oct 15th, 2026

The Gabelli Dividend & Income Trust (NYSE:GDV – Get Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $29.22 and traded as low as $28.42. The Gabelli Dividend & Income Trust shares last traded at $28.50, with a volume of 97,010 shares changing hands.

The Gabelli Dividend & Income Trust Trading Up 0.9%

The business’s fifty day simple moving average is $29.53 and its two-hundred day simple moving average is $29.23.

The Gabelli Dividend & Income Trust Dividend Announcement

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

Institutional Investors Weigh In On The Gabelli Dividend & Income Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Assetmark Inc. grew its holdings in shares of The Gabelli Dividend & Income Trust by 142.3% during the first quarter. Assetmark Inc. now owns 1,323 shares of the financial services provider’s stock worth $36,000 after buying an additional 777 shares during the last quarter. Allied Private Wealth LLC acquired a new position in The Gabelli Dividend & Income Trust in the 2nd quarter valued at about $40,000. Kilter Group LLC acquired a new position in The Gabelli Dividend & Income Trust in the 2nd quarter valued at about $47,000. Navigoe LLC purchased a new stake in The Gabelli Dividend & Income Trust during the 2nd quarter valued at approximately $57,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in The Gabelli Dividend & Income Trust during the 1st quarter valued at approximately $58,000.

The Gabelli Dividend & Income Trust Company Profile

(Get 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.