The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) Shares Sold by Stephens Inc. AR

Stephens Inc. AR reduced its stake in shares of The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) by 3.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,685 shares of the company’s stock after selling 2,510 shares during the period. Stephens Inc. AR’s holdings in The Gabelli Global Small and Mid Cap Value Trust were worth $827,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in GGZ. International Assets Investment Management LLC raised its position in shares of The Gabelli Global Small and Mid Cap Value Trust by 1,141.0% during the 3rd quarter. International Assets Investment Management LLC now owns 26,495 shares of the company’s stock valued at $329,000 after buying an additional 24,360 shares during the period. Private Advisor Group LLC purchased a new stake in shares of The Gabelli Global Small and Mid Cap Value Trust during the 3rd quarter valued at approximately $260,000. Wolverine Asset Management LLC raised its position in shares of The Gabelli Global Small and Mid Cap Value Trust by 299.7% during the 3rd quarter. Wolverine Asset Management LLC now owns 26,884 shares of the company’s stock valued at $334,000 after buying an additional 20,158 shares during the period. 180 Wealth Advisors LLC raised its position in shares of The Gabelli Global Small and Mid Cap Value Trust by 5.0% during the 4th quarter. 180 Wealth Advisors LLC now owns 91,693 shares of the company’s stock valued at $1,073,000 after buying an additional 4,407 shares during the period. Finally, Sanctuary Advisors LLC raised its position in shares of The Gabelli Global Small and Mid Cap Value Trust by 1.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 75,224 shares of the company’s stock valued at $968,000 after buying an additional 1,213 shares during the period.

The Gabelli Global Small and Mid Cap Value Trust Stock Up 1.4 %

GGZ stock opened at $12.58 on Friday. The firm’s 50 day moving average price is $12.23 and its 200-day moving average price is $12.21. The Gabelli Global Small and Mid Cap Value Trust has a one year low of $11.02 and a one year high of $13.35.

Insider Buying and Selling at The Gabelli Global Small and Mid Cap Value Trust

In other news, insider Mario J. Gabelli bought 7,700 shares of the business’s stock in a transaction on Friday, January 10th. The shares were bought at an average price of $11.67 per share, with a total value of $89,859.00. Following the completion of the transaction, the insider now directly owns 39,286 shares in the company, valued at $458,467.62. This trade represents a 24.38 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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.