Concurrent Investment Advisors LLC boosted its position in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) by 12.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,131 shares of the financial services provider’s stock after purchasing an additional 1,148 shares during the period. Concurrent Investment Advisors LLC’s holdings in The Gabelli Dividend & Income Trust were worth $244,000 at the end of the most recent reporting period.\n\nOther large investors have also added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its holdings in The Gabelli Dividend & Income Trust by 75.6% during the 4th quarter. Russell Investments Group Ltd. now owns 1,103 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 475 shares in the last quarter. Jones Financial Companies Lllp acquired a new stake in The Gabelli Dividend & Income Trust during the 4th quarter valued at $28,000. Farther Finance Advisors LLC grew its holdings in The Gabelli Dividend & Income Trust by 380.4% during the 1st quarter. Farther Finance Advisors LLC now owns 1,326 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 1,050 shares in the last quarter. US Bancorp DE acquired a new stake in The Gabelli Dividend & Income Trust during the 4th quarter valued at $39,000. Finally, NBC Securities Inc. grew its holdings in The Gabelli Dividend & Income Trust by 103,150.0% during the 1st quarter. NBC Securities Inc. now owns 4,130 shares of the financial services provider’s stock valued at $99,000 after purchasing an additional 4,126 shares in the last quarter.\n\nThe Gabelli Dividend & Income Trust Stock Down 0.2%\n\nGDV opened at $26.60 on Friday. The company has a fifty day simple moving average of $25.13 and a 200 day simple moving average of $24.43. The Gabelli Dividend & Income Trust has a twelve month low of $20.10 and a twelve month high of $26.67.\n\nThe Gabelli Dividend & Income Trust Dividend Announcement\n\nThe business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Tuesday, September 16th will be given a dividend of $0.14 per share. This represents a $1.68 dividend on an annualized basis and a yield of 6.32%. The ex-dividend date is Tuesday, September 16th.\n\nThe Gabelli Dividend & Income Trust Company Profile\n\n(The Free Report)\n\nThe 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.

The Gabelli Dividend & Income Trust (NYSE:GDV) Shares Acquired by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC increased its holdings in The Gabelli Dividend & Income Trust (NYSE:GDV) by 12.8% in Q1, while other institutional investors adjusted their stakes. The fund, managed by Gabelli Funds, LLC, invests in US equity markets and recently announced a $0.14 per share dividend with a 6.32% yield.