Atlanta Consulting Group Advisors LLC Invests $691,000 in Royce Value Trust Inc. (NYSE:RVT)

Atlanta Consulting Group Advisors LLC acquired a new position in shares of Royce Value Trust Inc. (NYSE:RVT - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 43,745 shares of the financial services provider's stock, valued at approximately $691,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Prospera Financial Services Inc lifted its position in Royce Value Trust by 1.7% in the third quarter. Prospera Financial Services Inc now owns 48,547 shares of the financial services provider's stock worth $762,000 after purchasing an additional 800 shares during the period. Alexander Randolph Advisory Inc. increased its position in shares of Royce Value Trust by 2.9% during the 4th quarter. Alexander Randolph Advisory Inc. now owns 30,963 shares of the financial services provider's stock valued at $489,000 after purchasing an additional 871 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of Royce Value Trust by 0.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 140,012 shares of the financial services provider's stock worth $2,212,000 after buying an additional 933 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in shares of Royce Value Trust by 5.6% in the third quarter. B. Riley Wealth Advisors Inc. now owns 19,872 shares of the financial services provider's stock valued at $308,000 after buying an additional 1,047 shares during the period. Finally, Heritage Wealth Management Inc. boosted its stake in Royce Value Trust by 2.9% during the fourth quarter. Heritage Wealth Management Inc. now owns 46,668 shares of the financial services provider's stock valued at $737,000 after buying an additional 1,296 shares in the last quarter. 25.57% of the stock is owned by institutional investors.

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Royce Value Trust Price Performance

NYSE:RVT traded up $0.06 during mid-day trading on Thursday, reaching $14.58. 378,523 shares of the stock were exchanged, compared to its average volume of 243,285. The business has a fifty day moving average price of $15.66 and a 200 day moving average price of $15.74. Royce Value Trust Inc. has a 1-year low of $13.78 and a 1-year high of $16.93.

Royce Value Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Thursday, March 13th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $1.20 annualized dividend and a dividend yield of 8.23%.

About Royce Value Trust

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.