Accel Wealth Management Sells 20,429 Shares of Royce Value Trust Inc. (NYSE:RVT)

Accel Wealth Management decreased its position in shares of Royce Value Trust Inc. (NYSE:RVT - Free Report) by 16.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 101,500 shares of the financial services provider's stock after selling 20,429 shares during the period. Accel Wealth Management owned about 0.09% of Royce Value Trust worth $1,604,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in RVT. Janney Montgomery Scott LLC grew its stake in shares of Royce Value Trust by 2.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider's stock worth $6,949,000 after buying an additional 11,777 shares during the last quarter. Whitener Capital Management Inc. lifted its position in Royce Value Trust by 6.9% in the 4th quarter. Whitener Capital Management Inc. now owns 49,978 shares of the financial services provider's stock valued at $790,000 after acquiring an additional 3,216 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in Royce Value Trust by 55.9% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 92,935 shares of the financial services provider's stock valued at $1,468,000 after acquiring an additional 33,307 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its position in Royce Value Trust by 5.6% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 19,872 shares of the financial services provider's stock valued at $308,000 after acquiring an additional 1,047 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its position in Royce Value Trust by 1.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 211,925 shares of the financial services provider's stock valued at $3,493,000 after acquiring an additional 3,854 shares in the last quarter. Hedge funds and other institutional investors own 25.57% of the company's stock.

Royce Value Trust Stock Performance

RVT stock traded down $0.06 during midday trading on Friday, hitting $16.62. The company's stock had a trading volume of 205,796 shares, compared to its average volume of 235,254. Royce Value Trust Inc. has a 12 month low of $13.78 and a 12 month high of $16.93. The firm's 50-day moving average is $16.15 and its 200-day moving average is $15.68.

Royce Value Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Thursday, December 12th were given a $0.44 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $1.76 annualized dividend and a yield of 10.59%.

Royce Value Trust Profile

Royce Value Trust Inc is a close ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small cap and micro cap companies.