Salvatore Zizza Acquires Shares in GDV
Zizza purchased 500 GDV shares at $28.57 each on January 12, 2026.
Key Points
- Salvatore Zizza purchased 500 shares of GDV on January 12, 2026, at an average price of $28.57, totaling $14,285.
- GDV shares traded near $29.49 on Wednesday, with various institutional investors adjusting their holdings recently.
- Insider activity includes multiple transactions by Mario Gabelli and Anthony Colavita, with both buying additional shares in February 2026.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Salvatore Zizza, an insider, purchased 500 shares of GDV on January 12, 2026. The shares were bought at an average price of $28.57 each, for a total transaction value of $14,285. This transaction was not part of a pre-arranged trading plan.
ZIZZA SALVATORE vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Other Institutional Activity in GDV
Morgan Stanley reduced its position in GDV by 224,372 shares, leaving it with 8,095,216 shares valued at approximately $218 million, a 2.7% decrease. Saba Capital Management also trimmed its holdings by 644,798 shares, resulting in 5,106,460 shares worth about $138 million, marking an 11.2% decrease. Karpus Management cut its stake by 151,816 shares to 1,499,700 shares, valued at around $40 million, a 9.2% decrease. On the other hand, Wells Fargo & Company/MN increased its holdings by 37,811 shares to 1,352,138 shares, valued at about $36 million, a 2.9% increase. Allspring Global Investments Holdings, LLC grew its position by 55,550 shares, ending with 742,797 shares valued at $20 million, an 8.1% increase.
Insider Buying and Selling at The Gabelli Dividend & Income Trust
In addition to Salvatore Zizza's recent purchase, other notable insider activities include Mario Gabelli's acquisition of 4,500 shares on February 17, 2026, at an average price of $29.09 per share. Anthony Colavita also bought 684 shares on February 9, 2026, at $29.20 each. Meanwhile, Anthonie Vanekris sold 1,700 shares on February 18, 2026, at $29.15 per share.
Bottom Line
Insider buying activity, such as Salvatore Zizza's recent purchase, often attracts attention as it may signal confidence in the company's future prospects. However, it's essential to remember that these transactions are backward-looking and may not reflect the current situation. Investors should consider a broad range of factors when evaluating a company's stock potential.
Get The Gabelli Dividend & Income Trust alerts
New 13F filings, insider trades, and analyst moves on $GDV, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.