Stephens Inc. AR Acquires 4,966 Shares of The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ)

Stephens Inc. AR lifted its holdings in shares of The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZFree Report) by 6.7% in the 4th quarter, HoldingsChannel reports. The fund owned 79,270 shares of the company’s stock after purchasing an additional 4,966 shares during the period. Stephens Inc. AR’s holdings in The Gabelli Global Small and Mid Cap Value Trust were worth $930,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Wolverine Asset Management LLC lifted its stake in The Gabelli Global Small and Mid Cap Value Trust by 938.9% during the 3rd quarter. Wolverine Asset Management LLC now owns 10,212 shares of the company’s stock valued at $106,000 after acquiring an additional 9,229 shares in the last quarter. AQR Arbitrage LLC purchased a new stake in shares of The Gabelli Global Small and Mid Cap Value Trust in the third quarter valued at about $116,000. International Assets Investment Management LLC bought a new position in shares of The Gabelli Global Small and Mid Cap Value Trust during the fourth quarter valued at about $294,000. Cornerstone Advisors LLC boosted its holdings in The Gabelli Global Small and Mid Cap Value Trust by 84.7% during the fourth quarter. Cornerstone Advisors LLC now owns 38,471 shares of the company’s stock worth $451,000 after purchasing an additional 17,642 shares during the last quarter. Finally, 180 Wealth Advisors LLC grew its position in The Gabelli Global Small and Mid Cap Value Trust by 12.5% in the 4th quarter. 180 Wealth Advisors LLC now owns 58,683 shares of the company’s stock worth $681,000 after purchasing an additional 6,509 shares in the last quarter.

The Gabelli Global Small and Mid Cap Value Trust Price Performance

The Gabelli Global Small and Mid Cap Value Trust stock opened at $11.58 on Tuesday. The Gabelli Global Small and Mid Cap Value Trust has a 52 week low of $9.43 and a 52 week high of $12.50. The company’s 50 day moving average price is $11.61 and its two-hundred day moving average price is $11.54.

The Gabelli Global Small and Mid Cap Value Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Thursday, June 13th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.53%. The ex-dividend date is Thursday, June 13th.

About The Gabelli Global Small and Mid Cap Value Trust

(Free Report)

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.

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Institutional Ownership by Quarter for The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ)

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