MGO One Seven LLC bought a new position in Royce Value Trust Inc. (NYSE:RVT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 42,159 shares of the financial services provider's stock, valued at approximately $666,000.
A number of other large investors have also made changes to their positions in the company. Jaffetilchin Investment Partners LLC grew its position in Royce Value Trust by 11.1% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 10,209 shares of the financial services provider's stock valued at $161,000 after buying an additional 1,019 shares during the period. DAVENPORT & Co LLC bought a new stake in shares of Royce Value Trust during the 4th quarter valued at $165,000. Keyes Stange & Wooten Wealth Management LLC purchased a new stake in shares of Royce Value Trust in the 4th quarter worth $170,000. GWN Securities Inc. bought a new position in Royce Value Trust in the 4th quarter worth $187,000. Finally, Canal Capital Management LLC purchased a new position in Royce Value Trust during the fourth quarter valued at $179,000. 25.57% of the stock is currently owned by institutional investors.
Royce Value Trust Stock Performance
Shares of RVT opened at $13.83 on Friday. The business has a 50-day simple moving average of $14.21 and a two-hundred day simple moving average of $15.42. Royce Value Trust Inc. has a 52 week low of $12.12 and a 52 week high of $16.93.
Royce Value Trust Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Thursday, March 13th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 8.68%. The ex-dividend date of this dividend was Thursday, March 13th.
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.
See Also
Want to see what other hedge funds are holding RVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royce Value Trust Inc. (NYSE:RVT - Free Report).
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