The Gabelli Dividend & Income Trust (NYSE:GDV) insider Mario J. Gabelli sold 700 shares of the business’s stock in a transaction dated Tuesday, October 11th. The stock was sold at an average price of $19.09, for a total value of $13,363.00. Following the sale, the insider now owns 130,306 shares in the company, valued at approximately $2,487,541.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of The Gabelli Dividend & Income Trust (NYSE:GDV) opened at 18.78 on Wednesday. The company has a 50-day moving average price of $19.24 and a 200-day moving average price of $19.17. The Gabelli Dividend & Income Trust has a 12 month low of $14.82 and a 12 month high of $20.08.
About The Gabelli Dividend & Income Trust
The Gabelli Dividend & Income Trust (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return on its assets with an emphasis on dividends and income. The Fund invests approximately 80% of its assets in dividend paying securities (such as common and preferred stock) or other income producing securities (such as fixed income debt securities and securities that are convertible into equity securities).
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