Landscape Capital Management L.L.C. reduced its holdings in Royce Value Trust Inc. (NYSE:RVT - Free Report) by 33.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 176,383 shares of the financial services provider's stock after selling 88,549 shares during the period. Landscape Capital Management L.L.C. owned approximately 0.15% of Royce Value Trust worth $2,769,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Future Financial Wealth Managment LLC purchased a new position in shares of Royce Value Trust during the 3rd quarter worth about $78,000. J.W. Cole Advisors Inc. bought a new stake in Royce Value Trust during the 2nd quarter valued at about $145,000. Calamos Advisors LLC bought a new stake in Royce Value Trust during the 2nd quarter valued at about $155,000. Creative Planning lifted its holdings in 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 buying an additional 842 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. bought a new stake in shares of Royce Value Trust in the 3rd quarter valued at about $200,000. 25.57% of the stock is owned by hedge funds and other institutional investors.
Royce Value Trust Trading Up 1.5 %
Shares of NYSE RVT traded up $0.25 during trading hours on Friday, hitting $16.48. 222,449 shares of the stock were exchanged, compared to its average volume of 227,987. The firm has a fifty day moving average price of $15.68 and a 200-day moving average price of $15.18. Royce Value Trust Inc. has a 12 month low of $13.11 and a 12 month high of $16.93.
Royce Value Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Friday, September 13th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 6.80%. The ex-dividend date of this dividend was Friday, September 13th.
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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