Stephens Inc. AR Trims Holdings in The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ)

Stephens Inc. AR decreased its stake in shares of The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) by 1.6% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 73,195 shares of the company’s stock after selling 1,175 shares during the period. Stephens Inc. AR’s holdings in The Gabelli Global Small and Mid Cap Value Trust were worth $908,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Private Advisor Group LLC bought a new position in The Gabelli Global Small and Mid Cap Value Trust in the 3rd quarter valued at $260,000. International Assets Investment Management LLC boosted its stake in The Gabelli Global Small and Mid Cap Value Trust by 1,141.0% during the third 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. Cornerstone Advisors LLC boosted its stake in The Gabelli Global Small and Mid Cap Value Trust by 32.3% during the second quarter. Cornerstone Advisors LLC now owns 45,893 shares of the company’s stock valued at $518,000 after buying an additional 11,207 shares during the period. Sanctuary Advisors LLC purchased a new position in The Gabelli Global Small and Mid Cap Value Trust during the second quarter worth about $843,000. Finally, 180 Wealth Advisors LLC increased its stake in The Gabelli Global Small and Mid Cap Value Trust by 12.4% in the 2nd quarter. 180 Wealth Advisors LLC now owns 78,340 shares of the company’s stock worth $912,000 after acquiring an additional 8,641 shares during the last quarter.

The Gabelli Global Small and Mid Cap Value Trust Trading Up 0.3 %

Shares of GGZ opened at $12.16 on Wednesday. The Gabelli Global Small and Mid Cap Value Trust has a 12-month low of $10.17 and a 12-month high of $12.50. The stock has a 50-day moving average price of $12.17 and a 200-day moving average price of $11.82.

The Gabelli Global Small and Mid Cap Value Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Monday, September 16th were paid a $0.16 dividend. The ex-dividend date was Monday, September 16th. This represents a $0.64 dividend on an annualized basis and a yield of 5.26%.

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.