Royce Global Value Trust (NYSE:RGT) Insider Sells $101,110.29 in Stock

Royce Global Value Trust, Inc. (NYSE:RGT) insider Charles Royce sold 8,031 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $12.59, for a total value of $101,110.29. Following the sale, the insider directly owned 682,883 shares in the company, valued at $8,597,496.97. This represents a 1.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Royce Global Value Trust Price Performance

NYSE RGT traded down $0.07 during midday trading on Friday, hitting $12.44. The company had a trading volume of 18,570 shares, compared to its average volume of 15,740. The firm has a 50-day moving average price of $12.89 and a 200-day moving average price of $12.17. Royce Global Value Trust, Inc. has a twelve month low of $9.00 and a twelve month high of $13.28.

Hedge Funds Weigh In On Royce Global Value Trust

Several hedge funds have recently bought and sold shares of RGT. Rothschild Investment LLC raised its position in shares of Royce Global Value Trust by 2.4% in the 2nd quarter. Rothschild Investment LLC now owns 36,577 shares of the company’s stock valued at $440,000 after buying an additional 847 shares in the last quarter. D.A. Davidson & CO. increased its stake in Royce Global Value Trust by 4.5% in the third quarter. D.A. Davidson & CO. now owns 22,753 shares of the company’s stock valued at $295,000 after acquiring an additional 970 shares during the last quarter. Blue Bell Private Wealth Management LLC increased its stake in Royce Global Value Trust by 5.1% in the first quarter. Blue Bell Private Wealth Management LLC now owns 39,025 shares of the company’s stock valued at $410,000 after acquiring an additional 1,898 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in Royce Global Value Trust during the third quarter valued at approximately $27,000. Finally, Integrated Wealth Concepts LLC lifted its stake in Royce Global Value Trust by 3.2% during the first quarter. Integrated Wealth Concepts LLC now owns 99,163 shares of the company’s stock worth $1,041,000 after purchasing an additional 3,064 shares during the last quarter.

About Royce Global Value Trust

Royce Global Value Trust, Inc was a closed ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets across the globe. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small-cap and micro-cap companies.