Insider Buying: Gabelli Utility Trust Director Purchases 1,700 Shares of Stock (GUT)
Gabelli Utility Trust (NYSE:GUT) Director Kuni Nakamura acquired 1,700 shares of the stock on the open market in a transaction that occurred on Monday, May 19th. The stock was purchased at an average price of $7.04 per share, for a total transaction of $11,968.00. Following the purchase, the director now directly owns 3,900 shares in the company, valued at approximately $27,456. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
Gabelli Utility Trust (NYSE:GUT) traded up 0.45% on Wednesday, hitting $7.0313. The stock had a trading volume of 71,694 shares. Gabelli Utility Trust has a 52 week low of $6.22 and a 52 week high of $7.07. The stock’s 50-day moving average is $6.84 and its 200-day moving average is $6.58.
The Gabelli Utility Trust (NYSE:GUT) is a non-diversified, closed-end management investment company.
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