Wolverine Asset Management LLC Purchases 2,399 Shares of The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ)

Wolverine Asset Management LLC grew its position in The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) by 8.9% in the fourth quarter, Holdings Channel reports. The fund owned 29,283 shares of the company’s stock after acquiring an additional 2,399 shares during the quarter. Wolverine Asset Management LLC’s holdings in The Gabelli Global Small and Mid Cap Value Trust were worth $343,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Sanctuary Advisors LLC raised its position 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 purchasing an additional 1,213 shares during the last quarter. 180 Wealth Advisors LLC raised its position 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 purchasing an additional 4,407 shares during the last quarter. Private Advisor Group LLC raised its position in The Gabelli Global Small and Mid Cap Value Trust by 21.3% during the 4th quarter. Private Advisor Group LLC now owns 25,417 shares of the company’s stock worth $297,000 after purchasing an additional 4,466 shares during the last quarter. Finally, International Assets Investment Management LLC raised its position 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 purchasing an additional 24,360 shares during the last quarter.

The Gabelli Global Small and Mid Cap Value Trust Stock Down 1.1 %

Shares of NYSE:GGZ opened at $12.42 on Monday. The Gabelli Global Small and Mid Cap Value Trust has a 12-month low of $11.02 and a 12-month high of $13.35. The business has a fifty day simple moving average of $12.15 and a 200 day simple moving average of $12.26.

The Gabelli Global Small and Mid Cap Value Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 17th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 5.15%. The ex-dividend date is Monday, March 17th.

Insider Buying and Selling

In other The Gabelli Global Small and Mid Cap Value Trust news, insider Mario J. Gabelli acquired 6,300 shares of the stock in a transaction dated Monday, January 13th. The stock was purchased at an average cost of $11.66 per share, with a total value of $73,458.00. Following the transaction, the insider now owns 45,586 shares in the company, valued at approximately $531,532.76. The trade was a 16.04 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

The Gabelli Global Small and Mid Cap Value Trust Company 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.