Royce Global Value Trust (NYSE:RGT) Insider Sells $31,510.52 in Stock

Royce Global Value Trust, Inc. (NYSE:RGT) insider Charles Royce sold 2,533 shares of Royce Global Value Trust stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $12.44, for a total value of $31,510.52. Following the sale, the insider directly owned 680,350 shares in the company, valued at $8,463,554. This trade represents a 0.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Royce Global Value Trust Stock Down 0.6%

NYSE RGT traded down $0.07 during trading hours on Friday, reaching $12.44. The company’s stock had a trading volume of 18,570 shares, compared to its average volume of 15,740. Royce Global Value Trust, Inc. has a 1 year low of $9.00 and a 1 year high of $13.28. The firm’s 50-day moving average price is $12.89 and its 200-day moving average price is $12.17.

Hedge Funds Weigh In On Royce Global Value Trust

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Blue Bell Private Wealth Management LLC grew its stake in Royce Global Value Trust by 5.1% during 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 in the last quarter. Shaker Financial Services LLC boosted its holdings in shares of Royce Global Value Trust by 27.3% during the 1st quarter. Shaker Financial Services LLC now owns 112,439 shares of the company’s stock valued at $1,181,000 after purchasing an additional 24,144 shares during the last quarter. Cornerstone Advisors LLC boosted its holdings in shares of Royce Global Value Trust by 111.1% during the 1st quarter. Cornerstone Advisors LLC now owns 57,324 shares of the company’s stock valued at $602,000 after purchasing an additional 30,166 shares during the last quarter. Wolverine Asset Management LLC grew its position in shares of Royce Global Value Trust by 57.6% during the first quarter. Wolverine Asset Management LLC now owns 57,169 shares of the company’s stock valued at $600,000 after purchasing an additional 20,904 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in shares of 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 valued at $1,041,000 after purchasing an additional 3,064 shares in 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.