Gabelli buys $163,329 in Gabelli Global Small & Mid Cap Value Trust shares

Published 14/01/2025, 18:28
Gabelli buys $163,329 in Gabelli Global Small & Mid Cap Value Trust shares

Mario J. Gabelli, a director and significant shareholder of Gabelli Global Small & Mid Cap Value Trust (NYSE:GGZ), has increased his stake in the company through recent purchases. According to a recent SEC filing, Gabelli acquired a total of 14,000 common shares over two transactions. The purchases, made on January 10 and January 13, were executed at prices ranging from $11.6623 to $11.6697 per share, with a total transaction value of approximately $163,329. The stock has shown resilience with a 6.38% return over the past year, trading between its 52-week range of $11.02 to $13.35.

Following these transactions, Gabelli now holds a total of 45,586 shares indirectly through GGCP, Inc. Additionally, other holdings include 2,678,111 shares directly owned and various indirect holdings through other entities such as Gabelli & Company Investment Advisers, Inc. and Associated Capital Group (NYSE:AC), Inc.

The transactions were executed by Douglas R. Jamieson, acting as Attorney-in-Fact for Mario J. Gabelli.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.