Shaker Financial Services LLC Acquires 30,899 Shares of Royce Global Value Trust, Inc. (NYSE:RGT)

Shaker Financial Services LLC grew its holdings in Royce Global Value Trust, Inc. (NYSE:RGT) by 148.1% in the 3rd quarter, Holdings Channel reports. The fund owned 51,765 shares of the company’s stock after purchasing an additional 30,899 shares during the quarter. Shaker Financial Services LLC’s holdings in Royce Global Value Trust were worth $600,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Raymond James & Associates increased its holdings in shares of Royce Global Value Trust by 0.9% during the 3rd quarter. Raymond James & Associates now owns 880,266 shares of the company’s stock worth $10,211,000 after purchasing an additional 8,220 shares during the period. Blue Bell Private Wealth Management LLC increased its holdings in Royce Global Value Trust by 8.8% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 25,006 shares of the company’s stock valued at $278,000 after buying an additional 2,033 shares during the period. Rothschild Investment LLC acquired a new position in shares of Royce Global Value Trust in the 2nd quarter valued at $415,000. Finally, Cetera Advisors LLC bought a new position in shares of Royce Global Value Trust during the 1st quarter worth about $171,000.

Royce Global Value Trust Trading Up 2.0 %

Shares of Royce Global Value Trust stock opened at $11.71 on Thursday. Royce Global Value Trust, Inc. has a twelve month low of $8.27 and a twelve month high of $11.91. The firm’s 50-day simple moving average is $11.51 and its 200-day simple moving average is $11.32.

About Royce Global Value Trust

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.