Royce Global Value Trust (NYSE:RGT) Stock Crosses Below 200 Day Moving Average – What’s Next?

Royce Global Value Trust, Inc. (NYSE:RGT) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $11.46 and traded as low as $10.66. Royce Global Value Trust shares last traded at $10.72, with a volume of 8,793 shares.

Royce Global Value Trust Trading Up 0.8 %

The business has a 50-day simple moving average of $11.45 and a 200-day simple moving average of $11.46.

Royce Global Value Trust Dividend Announcement

The business also recently declared an annual dividend, which was paid on Monday, December 23rd. Investors of record on Thursday, December 12th were paid a $0.47 dividend. The ex-dividend date of this dividend was Thursday, December 12th.

Hedge Funds Weigh In On Royce Global Value Trust

A number of large investors have recently added to or reduced their stakes in the stock. Beckerman Institutional LLC acquired a new stake in shares of Royce Global Value Trust in the third quarter valued at about $150,000. Shaker Financial Services LLC boosted its holdings in Royce Global Value Trust by 33.9% in the 2nd quarter. Shaker Financial Services LLC now owns 20,866 shares of the company’s stock worth $232,000 after buying an additional 5,277 shares during the last quarter. Wolverine Asset Management LLC purchased a new stake in Royce Global Value Trust during the 3rd quarter worth approximately $267,000. Blue Bell Private Wealth Management LLC lifted its position in shares of Royce Global Value Trust by 8.8% in the second quarter. Blue Bell Private Wealth Management LLC now owns 25,006 shares of the company’s stock valued at $278,000 after acquiring an additional 2,033 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of Royce Global Value Trust by 13.0% in the third quarter. Captrust Financial Advisors now owns 33,049 shares of the company’s stock valued at $383,000 after acquiring an additional 3,800 shares in the last quarter.

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.