Shaker Financial Services LLC boosted its stake in shares of Royce Global Value Trust, Inc. (NYSE:RGT – Free Report) by 33.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,866 shares of the company’s stock after acquiring an additional 5,277 shares during the quarter. Shaker Financial Services LLC’s holdings in Royce Global Value Trust were worth $232,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Twin Focus Capital Partners LLC acquired a new position in shares of Royce Global Value Trust during the fourth quarter worth approximately $126,000. Cetera Advisors LLC acquired a new position in Royce Global Value Trust during the 1st quarter worth $171,000. Rothschild Investment LLC acquired a new position in Royce Global Value Trust during the 2nd quarter worth $415,000. Cornerstone Advisors LLC boosted its position in Royce Global Value Trust by 62.0% in the 4th quarter. Cornerstone Advisors LLC now owns 58,482 shares of the company’s stock valued at $570,000 after buying an additional 22,379 shares during the last quarter. Finally, Raymond James & Associates increased its stake in shares of Royce Global Value Trust by 191.5% in the 1st quarter. Raymond James & Associates now owns 648,694 shares of the company’s stock valued at $6,935,000 after buying an additional 426,166 shares during the period.
Royce Global Value Trust Stock Performance
RGT stock opened at $11.31 on Friday. Royce Global Value Trust, Inc. has a twelve month low of $7.84 and a twelve month high of $11.91. The business has a fifty day moving average of $11.48 and a 200-day moving average of $11.00.
Royce Global Value Trust Profile
Royce Global Value Trust, Inc was a closed ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets across the globe. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small-cap and micro-cap companies.
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