Charles Royce Sells 8,031 Shares of Royce Global Value Trust (NYSE:RGT) Stock

Royce Global Value Trust, Inc. (NYSE:RGT) insider Charles Royce sold 8,031 shares of Royce Global Value Trust stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $12.59, for a total transaction of $101,110.29. Following the sale, the insider directly owned 682,883 shares of the company’s stock, valued at $8,597,496.97. The trade was a 1.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Royce Global Value Trust Stock Down 0.6%

Royce Global Value Trust stock traded down $0.07 during trading hours 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 of $12.89 and a 200 day moving average of $12.17. Royce Global Value Trust, Inc. has a one year low of $9.00 and a one year high of $13.28.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RGT. Atlantic Union Bankshares Corp bought a new position in Royce Global Value Trust during the 3rd quarter worth $27,000. D.A. Davidson & CO. grew its stake in shares of 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 in the last quarter. Rothschild Investment LLC increased its position in Royce Global Value Trust by 2.4% during the second quarter. Rothschild Investment LLC now owns 36,577 shares of the company’s stock worth $440,000 after acquiring an additional 847 shares during the period. Blue Bell Private Wealth Management LLC increased its position 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 worth $410,000 after acquiring an additional 1,898 shares during the period. Finally, Wolverine Asset Management LLC raised its stake in Royce Global Value Trust by 57.6% in the 1st quarter. Wolverine Asset Management LLC now owns 57,169 shares of the company’s stock worth $600,000 after purchasing an additional 20,904 shares in the last quarter.

Royce Global Value Trust Company Profile

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.