Charles M. Royce Sells 38,125 Shares of Royce Global Value Trust, Inc. (NYSE:RGT) Stock

Royce Global Value Trust, Inc. (NYSE:RGT) insider Charles M. Royce sold 38,125 shares of the stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $11.89, for a total transaction of $453,306.25. Following the completion of the sale, the insider now directly owns 699,345 shares of the company’s stock, valued at $8,315,212.05. This represents a 5.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Royce Global Value Trust Trading Down 0.0%

RGT opened at $11.89 on Friday. Royce Global Value Trust, Inc. has a 1-year low of $9.00 and a 1-year high of $12.14. The company has a 50 day simple moving average of $11.26 and a two-hundred day simple moving average of $10.93.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of RGT. Almitas Capital LLC bought a new stake in Royce Global Value Trust during the fourth quarter valued at about $160,000. 1776 Wealth LLC grew its position in shares of Royce Global Value Trust by 4.4% during the fourth quarter. 1776 Wealth LLC now owns 30,724 shares of the company’s stock worth $329,000 after purchasing an additional 1,285 shares in the last quarter. Shaker Financial Services LLC raised its stake in Royce Global Value Trust by 70.6% during the 4th quarter. Shaker Financial Services LLC now owns 88,295 shares of the company’s stock valued at $947,000 after purchasing an additional 36,530 shares during the period. LPL Financial LLC lifted its holdings in Royce Global Value Trust by 139.4% in the 4th quarter. LPL Financial LLC now owns 27,743 shares of the company’s stock worth $297,000 after purchasing an additional 16,153 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Royce Global Value Trust in the 4th quarter worth approximately $8,205,000.

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.