Integrated Wealth Concepts LLC Increases Holdings in Royce Global Value Trust, Inc. $RGT

Integrated Wealth Concepts LLC raised its stake in shares of Royce Global Value Trust, Inc. (NYSE:RGT) by 3.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,163 shares of the company’s stock after buying an additional 3,064 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Royce Global Value Trust were worth $1,041,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Matisse Capital bought a new stake in shares of Royce Global Value Trust in the 1st quarter worth $346,000. Blue Bell Private Wealth Management LLC increased its holdings in shares of Royce Global Value Trust by 5.1% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 39,025 shares of the company’s stock worth $410,000 after purchasing an additional 1,898 shares in the last quarter. Wolverine Asset Management LLC increased its holdings in shares of Royce Global Value Trust by 57.6% in the 1st quarter. Wolverine Asset Management LLC now owns 57,169 shares of the company’s stock worth $600,000 after purchasing an additional 20,904 shares in the last quarter. Cornerstone Advisors LLC increased its holdings in shares of Royce Global Value Trust by 111.1% in the 1st quarter. Cornerstone Advisors LLC now owns 57,324 shares of the company’s stock worth $602,000 after purchasing an additional 30,166 shares in the last quarter. Finally, Shaker Financial Services LLC increased its holdings in shares of Royce Global Value Trust by 27.3% in the 1st quarter. Shaker Financial Services LLC now owns 112,439 shares of the company’s stock worth $1,181,000 after purchasing an additional 24,144 shares in the last quarter.

Royce Global Value Trust Price Performance

Royce Global Value Trust stock opened at $12.97 on Friday. The stock has a fifty day simple moving average of $12.44 and a two-hundred day simple moving average of $11.46. Royce Global Value Trust, Inc. has a 12 month low of $9.00 and a 12 month high of $13.08.

Insiders Place Their Bets

In other Royce Global Value Trust news, VP Francis D. Gannon sold 7,214 shares of Royce Global Value Trust stock in a transaction on Monday, June 30th. The stock was sold at an average price of $11.92, for a total value of $85,990.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Charles M. Royce sold 38,125 shares of Royce Global Value Trust stock in a transaction on Friday, June 27th. The stock was sold at an average price of $11.89, for a total value of $453,306.25. Following the completion of the sale, the insider directly owned 699,345 shares of the company’s stock, valued at $8,315,212.05. The trade was a 5.17% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 57,214 shares of company stock valued at $680,966.

Royce Global Value Trust Company 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.