GUT GABELLI UTILITY TRUST Insider Trading

Bank of America (10% owner) executed 2 purchases and 2 sales of GUT totaling 55 shares net-flat, with completed 2024 rounds showing minimal margin ($2.24 net gain).

Bank of America as a 10% holder of Gabelli Utility Trust conducted two separate round-trip transactions in 2024: a June purchase of 50 shares at $5.95 and sale at $6.00 four days later (gain of $2.50), followed by a November purchase of 5 shares at $5.04 and sale the next day at $5.04 (breakeven). Across both rounds, the 2 purchases totaling 55 shares for $322.69 and 2 sales totaling 55 shares for $324.93 resulted in a net gain of only $2.24. The current stock price of $5.27 falls -15.3% from the 52-week high of $6.22, and the zero post-transaction holdings indicate full exit. This pattern of near-simultaneous buy-sell sequences with minimal spreads suggests portfolio rebalancing or cash management activity rather than directional positioning, and does not support a compelling conviction signal in either direction.

Bank of America Corp sold 20,249,064 shares of Gabelli Utility Trust (GUT) for $2.0B on 2024-11-22; now holds 0 shares (-100.0%)

Bank of America, a 10% owner, exited its entire 20,249,064 share position in Gabelli Utility Trust on 2024-11-22 at $99.92 per share, for a total value of $2,023,286,474.88. This complete liquidation followed a small sell of unspecified size on 2024-11-06 and a buy on 2024-11-05 at the same ticker, suggesting rapid portfolio repositioning within the trust. Since the transaction price of $99.92 was significantly above the current price of $5.17, the reported figures warrant verification; however, taking the FACTS as authoritative, the divestiture represents a material reduction in the institutional investor's holdings. The $2.0B transaction volume reflects institutional-scale activity, though the recency of the prior buy and sell pattern and the absence of measurable outcomes on those trades limit ability to infer conviction or timing signal at this ticker.

BofA (10% owner) bought 263 shares at $23.74 and sold 263 shares at $23.78 same-day at Gabelli Utility Trust.

Bank of America Corp executed 2 offsetting transactions in Gabelli Utility Trust on 2024-06-28: a purchase of 263 shares at $23.74 ($6,244.94) immediately followed by a sale of the same 263 shares at $23.78 ($6,252.83), resulting in a net position of 0 shares. The $0.04 per-share gain (or $7.89 total profit) appears to represent a small-spread arbitrage or portfolio rebalancing execution rather than a conviction-driven directional trade. With GUT's current price of $6.01 and a 52-week high of $7.08, the stock is down 15.1% from its peak, though the same-day buy-sell structure suggests the timing signal here is neutral—the transactions offset completely and closed the position entirely.