30,325 Shares in The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) Acquired by Beckerman Institutional LLC

Beckerman Institutional LLC acquired a new position in The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) in the first quarter, Holdings Channel reports. The firm acquired 30,325 shares of the company’s stock, valued at approximately $364,000.

Other large investors also recently added to or reduced their stakes in the company. NBC Securities Inc. lifted its holdings in The Gabelli Global Small and Mid Cap Value Trust by 143,400.0% during the 1st quarter. NBC Securities Inc. now owns 2,870 shares of the company’s stock valued at $34,000 after purchasing an additional 2,868 shares during the last quarter. Independent Advisor Alliance bought a new position in shares of The Gabelli Global Small and Mid Cap Value Trust in the fourth quarter worth about $118,000. Comerica Bank raised its stake in shares of The Gabelli Global Small and Mid Cap Value Trust by 10.0% during the fourth quarter. Comerica Bank now owns 11,000 shares of the company’s stock worth $129,000 after buying an additional 1,000 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of The Gabelli Global Small and Mid Cap Value Trust during the fourth quarter worth approximately $329,000. Finally, Capstone Investment Advisors LLC bought a new stake in shares of The Gabelli Global Small and Mid Cap Value Trust during the fourth quarter worth approximately $692,000.

The Gabelli Global Small and Mid Cap Value Trust Trading Up 0.1%

The Gabelli Global Small and Mid Cap Value Trust stock opened at $13.41 on Friday. The Gabelli Global Small and Mid Cap Value Trust has a twelve month low of $10.50 and a twelve month high of $13.82. The company has a 50 day moving average of $13.11 and a 200-day moving average of $12.38.

The Gabelli Global Small and Mid Cap Value Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 23rd. Stockholders of record on Friday, June 13th were given a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 4.77%. The ex-dividend date was Friday, June 13th.

About The Gabelli Global Small and Mid Cap Value Trust

The Gabelli Global Small and Mid Cap Value Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies that are operating across diversified sectors.