Apollon Wealth Management LLC boosted its position in shares of Royce Value Trust Inc. (NYSE:RVT - Free Report) by 191.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,466 shares of the financial services provider's stock after acquiring an additional 26,588 shares during the quarter. Apollon Wealth Management LLC's holdings in Royce Value Trust were worth $639,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC acquired a new stake in shares of Royce Value Trust during the 4th quarter worth about $165,000. Creative Planning lifted its stake in shares of Royce Value Trust by 7.7% during the 3rd quarter. Creative Planning now owns 11,791 shares of the financial services provider's stock worth $185,000 after buying an additional 842 shares during the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of Royce Value Trust during the 3rd quarter worth about $188,000. B&L Asset Management LLC acquired a new stake in shares of Royce Value Trust during the 3rd quarter worth about $190,000. Finally, Cutter & CO Brokerage Inc. acquired a new stake in shares of Royce Value Trust during the 3rd quarter worth about $200,000. 25.57% of the stock is owned by institutional investors.
Royce Value Trust Stock Performance
Shares of NYSE RVT traded up $0.02 during mid-day trading on Friday, reaching $16.18. 126,358 shares of the company were exchanged, compared to its average volume of 245,463. The company's 50-day simple moving average is $16.05 and its 200-day simple moving average is $15.75. Royce Value Trust Inc. has a twelve month low of $13.78 and a twelve month high of $16.93.
Royce Value Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Thursday, December 12th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 10.88%. The ex-dividend date was Thursday, December 12th.
Royce Value Trust Company 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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