The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) Director Kevin V. Dreyer purchased 1,333 shares of the company’s stock in a transaction on Thursday, September 2nd. The shares were purchased at an average cost of $16.44 per share, with a total value of $21,914.52. Following the transaction, the director now directly owns 4,000 shares in the company, valued at $65,760. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
GGZ opened at $15.97 on Wednesday. The business has a 50 day simple moving average of $15.91 and a two-hundred day simple moving average of $15.48. The Gabelli Global Small and Mid Cap Value Trust has a one year low of $9.65 and a one year high of $17.29.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 23rd. Shareholders of record on Thursday, September 16th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 4.01%. The ex-dividend date of this dividend is Wednesday, September 15th.
About The Gabelli Global Small and Mid Cap Value Trust
The Gabelli Global Small & Mid Cap Value Trust is a closed-end management investment trust. Its investment objective is long term capital growth. The company was founded on August 19, 2013 and is headquartered in Rye, NY.
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