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