Nations Financial Group Inc. IA ADV bought a new stake in shares of Royce Value Trust Inc. (NYSE:RVT - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 47,070 shares of the financial services provider's stock, valued at approximately $739,000.
Other hedge funds have also recently modified their holdings of the company. ESL Trust Services LLC bought a new position in Royce Value Trust in the 1st quarter worth about $39,000. Future Financial Wealth Managment LLC bought a new position in Royce Value Trust in the 3rd quarter worth about $78,000. J.W. Cole Advisors Inc. bought a new position in Royce Value Trust in the 2nd quarter worth about $145,000. Calamos Advisors LLC bought a new position in Royce Value Trust in the 2nd quarter worth about $155,000. Finally, Creative Planning boosted its stake in Royce Value Trust by 7.7% in the 3rd quarter. Creative Planning now owns 11,791 shares of the financial services provider's stock worth $185,000 after purchasing an additional 842 shares in the last quarter. Institutional investors own 25.57% of the company's stock.
Insider Buying and Selling at Royce Value Trust
In other Royce Value Trust news, President Christopher D. Clark purchased 3,400 shares of Royce Value Trust stock in a transaction dated Friday, August 16th. The stock was purchased at an average price of $15.20 per share, with a total value of $51,680.00. Following the transaction, the president now directly owns 36,057 shares of the company's stock, valued at $548,066.40. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.06% of the company's stock.
Royce Value Trust Price Performance
RVT traded down $0.17 during midday trading on Wednesday, hitting $16.62. 113,458 shares of the company traded hands, compared to its average volume of 226,714. The company's 50-day moving average is $15.50 and its 200 day moving average is $15.11. Royce Value Trust Inc. has a 52 week low of $12.71 and a 52 week high of $16.93.
Royce Value Trust Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Friday, September 13th were paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 6.74%. The ex-dividend date was Friday, September 13th.
About Royce Value Trust
(
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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