Mezzasalma Advisors LLC purchased a new position in shares of Royce Value Trust Inc. (NYSE:RVT - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 23,970 shares of the financial services provider's stock, valued at approximately $379,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Creative Planning boosted its holdings in Royce Value Trust by 7.7% during the third quarter. Creative Planning now owns 11,791 shares of the financial services provider's stock worth $185,000 after buying an additional 842 shares in the last quarter. Raymond James & Associates boosted its holdings in Royce Value Trust by 5.5% during the third quarter. Raymond James & Associates now owns 1,502,749 shares of the financial services provider's stock worth $23,593,000 after buying an additional 78,601 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Royce Value Trust by 14.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 386,499 shares of the financial services provider's stock worth $6,068,000 after buying an additional 48,700 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Royce Value Trust by 3.7% during the third quarter. Private Advisor Group LLC now owns 133,786 shares of the financial services provider's stock worth $2,100,000 after buying an additional 4,829 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in Royce Value Trust by 1,603.2% during the third 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 in the last quarter. 25.57% of the stock is currently owned by institutional investors and hedge funds.
Royce Value Trust Stock Down 0.7 %
RVT stock traded down $0.12 during trading on Wednesday, reaching $16.01. 207,733 shares of the company were exchanged, compared to its average volume of 248,712. Royce Value Trust Inc. has a 52-week low of $13.78 and a 52-week high of $16.93. The stock's 50 day moving average price is $16.07 and its 200 day moving average price is $15.75.
Royce Value Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Thursday, December 12th were issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 11.00%. The ex-dividend date was Thursday, December 12th.
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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