Benjamin Edwards Inc. acquired a new position in shares of Royce Value Trust Inc. (NYSE:RVT - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 95,859 shares of the financial services provider's stock, valued at approximately $1,505,000. Benjamin Edwards Inc. owned 0.08% of Royce Value Trust as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Future Financial Wealth Managment LLC acquired a new stake in shares of Royce Value Trust in the third quarter valued at about $78,000. J.W. Cole Advisors Inc. purchased a new stake in Royce Value Trust in the 2nd quarter valued at about $145,000. Calamos Advisors LLC purchased a new position in Royce Value Trust in the 2nd quarter worth approximately $155,000. Creative Planning raised its position 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 valued at $185,000 after acquiring an additional 842 shares in the last quarter. Finally, B&L Asset Management LLC acquired a new stake in Royce Value Trust in the third quarter worth $190,000. 25.57% of the stock is currently owned by institutional investors.
Royce Value Trust Trading Up 0.1 %
Shares of NYSE RVT traded up $0.02 during mid-day trading on Friday, hitting $16.74. 221,209 shares of the company traded hands, compared to its average volume of 229,067. The business has a 50 day moving average of $15.94 and a two-hundred day moving average of $15.31. Royce Value Trust Inc. has a 1 year low of $13.24 and a 1 year high of $16.93.
Royce Value Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Thursday, December 12th will be paid a $0.44 dividend. The ex-dividend date is Thursday, December 12th. This represents a $1.76 annualized dividend and a dividend yield of 10.51%.
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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