Form 4: UBS Group AG Reports Acquisition of Auction Preferred Stock in Gabelli Dividend & Income Trust
SEC Form 4 Filing
UBS Group AG reports acquiring Auction Preferred Stock in Gabelli Dividend & Income Trust through a subsidiary.
Summary
- UBS Group AG filed a Form 4 disclosing a transaction in Gabelli Dividend & Income Trust (GDV) securities.
- On June 27, 2024, UBS acquired Auction Preferred Stock through a subsidiary.
- The amount acquired was 6 shares at a price of $25,000.
- The shares are indirectly owned by UBS Group AG through its subsidiaries, UBS Securities LLC and UBS Financial Services Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting a transaction. It doesn't convey strong positive or negative sentiment.
Industry Context
This filing indicates investment activity by a major financial institution in a closed-end fund. It reflects portfolio adjustments and investment decisions made by UBS Group AG.
Stakeholder Impact
- The transaction may have a minor impact on the market price of Gabelli Dividend & Income Trust shares.
Key Dates
| Date | Description |
|---|---|
| 06/27/2024 | Date of the transaction: Acquisition of Auction Preferred Stock |
| 06/27/2024 | Date of the filing of the Form 4 |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.