Allspring Global Investments Holdings LLC lowered its position in Royce Value Trust Inc. (NYSE:RVT - Free Report) by 35.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 251,257 shares of the financial services provider's stock after selling 135,242 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.22% of Royce Value Trust worth $3,970,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in the company. Raymond James & Associates lifted its stake in Royce Value Trust by 5.5% in the third quarter. Raymond James & Associates now owns 1,502,749 shares of the financial services provider's stock worth $23,593,000 after acquiring an additional 78,601 shares during the last quarter. Stifel Financial Corp lifted its position in shares of Royce Value Trust by 10.0% during the 3rd quarter. Stifel Financial Corp now owns 775,846 shares of the financial services provider's stock worth $12,181,000 after buying an additional 70,449 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Royce Value Trust by 2.8% during 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. International Assets Investment Management LLC lifted its position in shares of Royce Value Trust by 1,603.2% during the 3rd quarter. International Assets Investment Management LLC now owns 370,774 shares of the financial services provider's stock worth $5,821,000 after buying an additional 349,005 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its position in shares of Royce Value Trust by 1.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 211,925 shares of the financial services provider's stock worth $3,493,000 after buying an additional 3,854 shares during the last quarter. Hedge funds and other institutional investors own 25.57% of the company's stock.
Royce Value Trust Stock Down 1.8 %
Shares of NYSE:RVT traded down $0.29 during trading on Friday, hitting $15.72. 213,130 shares of the company were exchanged, compared to its average volume of 238,557. 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 price is $16.01 and its 200-day moving average price is $15.78.
Royce Value Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Thursday, December 12th were given a dividend of $0.44 per share. The ex-dividend date was Thursday, December 12th. This represents a $1.76 annualized dividend and a dividend yield of 11.20%.
Royce Value Trust Profile
(
Free Report)
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.
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