12,596 Shares in The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) Bought by WealthShield Partners LLC

WealthShield Partners LLC bought a new position in shares of The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 12,596 shares of the company’s stock, valued at approximately $147,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wolverine Asset Management LLC grew its stake in The Gabelli Global Small and Mid Cap Value Trust by 8.9% during the 4th quarter. Wolverine Asset Management LLC now owns 29,283 shares of the company’s stock worth $343,000 after buying an additional 2,399 shares during the last quarter. Private Advisor Group LLC purchased a new position in The Gabelli Global Small and Mid Cap Value Trust during the 3rd quarter worth $260,000. International Assets Investment Management LLC grew its stake in 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 worth $329,000 after buying an additional 24,360 shares during the last quarter. Sanctuary Advisors LLC grew its stake in 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 worth $968,000 after buying an additional 1,213 shares during the last quarter. Finally, 180 Wealth Advisors LLC grew its stake in 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 worth $1,073,000 after buying an additional 4,407 shares during the last quarter.

The Gabelli Global Small and Mid Cap Value Trust Trading Down 0.0 %

The Gabelli Global Small and Mid Cap Value Trust stock opened at $12.34 on Wednesday. The business’s 50-day simple moving average is $12.14 and its two-hundred day simple moving average is $12.27. The Gabelli Global Small and Mid Cap Value Trust has a fifty-two week low of $11.02 and a fifty-two week high of $13.35.

The Gabelli Global Small and Mid Cap Value Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 17th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.64 annualized dividend and a yield of 5.19%.

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

In other news, insider Mario J. Gabelli purchased 6,300 shares of the company’s stock in a transaction on Monday, January 13th. The shares were acquired at an average price of $11.66 per share, for a total transaction of $73,458.00. Following the purchase, the insider now owns 45,586 shares in the company, valued at $531,532.76. This trade represents a 16.04 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

The Gabelli Global Small and Mid Cap Value Trust Profile

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.