Compound Planning Inc. Acquires New Position in Royce Global Value Trust, Inc. $RGT

Compound Planning Inc. acquired a new stake in Royce Global Value Trust, Inc. (NYSE:RGT) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 45,320 shares of the company’s stock, valued at approximately $587,000.

A number of other institutional investors also recently modified their holdings of the stock. Atlantic Union Bankshares Corp purchased a new position in shares of Royce Global Value Trust during the 3rd quarter valued at $27,000. D.A. Davidson & CO. boosted its position in Royce Global Value Trust by 4.5% during the third quarter. D.A. Davidson & CO. now owns 22,753 shares of the company’s stock valued at $295,000 after purchasing an additional 970 shares during the last quarter. Rothschild Investment LLC grew its stake in Royce Global Value Trust by 2.4% in the second quarter. Rothschild Investment LLC now owns 36,577 shares of the company’s stock valued at $440,000 after purchasing an additional 847 shares in the last quarter. Wolverine Asset Management LLC increased its position in Royce Global Value Trust by 29.6% in the 2nd quarter. Wolverine Asset Management LLC now owns 74,111 shares of the company’s stock worth $892,000 after purchasing an additional 16,942 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its position in Royce Global Value Trust by 53.4% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 71,951 shares of the company’s stock worth $932,000 after purchasing an additional 25,032 shares during the last quarter.

Royce Global Value Trust Stock Down 0.2%

RGT opened at $14.43 on Friday. Royce Global Value Trust, Inc. has a fifty-two week low of $9.00 and a fifty-two week high of $14.99. The business has a 50-day moving average of $13.86 and a 200-day moving average of $13.13.

Royce Global Value Trust Cuts Dividend

The firm also recently announced an annual dividend, which was paid on Wednesday, December 24th. Shareholders of record on Thursday, December 11th were paid a $0.19 dividend. The ex-dividend date was Thursday, December 11th. This represents a yield of 148.0%.

Royce Global Value Trust Profile

Royce Global Value Trust, Inc is a closed-end management investment company that trades on the New York Stock Exchange under the ticker symbol RGT. Incorporated in Maryland and based in New York, the Trust seeks to provide total return through a combination of capital appreciation and current income. It achieves its objective by investing in a diversified portfolio of equity securities of domestic and foreign companies, with a focus on undervalued, out-of-favor businesses that management believes offer attractive long-term growth potential.

The Trust’s investment strategy emphasizes bottom-up stock selection, targeting primarily small- and mid-capitalization companies across developed and emerging markets.