Insider Selling: Mario Gabelli Sells 14,700 Shares of The Gabelli Dividend & Income Trust Stock (GDV)
The Gabelli Dividend & Income Trust (NYSE:GDV) Insider Mario Gabelli sold 14,700 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $20.92, for a total transaction of $307,524.00. Following the sale, the insider now directly owns 131,535 shares in the company, valued at approximately $2,751,712. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of The Gabelli Dividend & Income Trust (NYSE:GDV) traded up 0.52% on Thursday, hitting $21.16. 208,519 shares of the company’s stock traded hands. The Gabelli Dividend & Income Trust has a one year low of $14.68 and a one year high of $20.58. The stock’s 50-day moving average is $19.87 and its 200-day moving average is $19.39. The company has a market cap of $1.753 billion and a P/E ratio of 4.69.
The Gabelli Dividend & Income Trust (NYSE:GDV) is a non-diversified closed-end management investment company.
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