Prevail Innovative Wealth Advisors LLC Grows Stock Holdings in The Gabelli Dividend & Income Trust (NYSE:GDV)

Prevail Innovative Wealth Advisors LLC lifted its position in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) by 22.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,789 shares of the financial services provider’s stock after purchasing an additional 8,660 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in The Gabelli Dividend & Income Trust were worth $1,130,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Jones Financial Companies Lllp bought a new position in The Gabelli Dividend & Income Trust during the 4th quarter valued at approximately $28,000. IFP Advisors Inc raised its holdings in shares of The Gabelli Dividend & Income Trust by 1,425.3% during the fourth quarter. IFP Advisors Inc now owns 1,205 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 1,126 shares in the last quarter. US Bancorp DE purchased a new stake in The Gabelli Dividend & Income Trust in the fourth quarter worth $39,000. TD Private Client Wealth LLC bought a new stake in The Gabelli Dividend & Income Trust in the third quarter valued at $78,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in The Gabelli Dividend & Income Trust during the 3rd quarter valued at $180,000.

The Gabelli Dividend & Income Trust Stock Down 0.7 %

NYSE:GDV opened at $24.13 on Friday. The company has a 50-day moving average price of $24.65 and a 200-day moving average price of $24.59. The Gabelli Dividend & Income Trust has a 12 month low of $21.44 and a 12 month high of $25.67.

The Gabelli Dividend & Income Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Tuesday, April 15th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, April 15th.

Insider Buying and Selling at The Gabelli Dividend & Income Trust

In other news, insider Mario J. Gabelli bought 2,300 shares of the stock in a transaction dated Friday, January 17th. The stock was bought at an average price of $24.83 per share, for a total transaction of $57,109.00. Following the purchase, the insider now directly owns 145,812 shares in the company, valued at $3,620,511.96. This trade represents a 1.60 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

The Gabelli Dividend & Income Trust Company Profile

The Gabelli Dividend & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.