SeaCrest Wealth Management LLC Sells 67,610 Shares of Royce Value Trust Inc. (NYSE:RVT)

SeaCrest Wealth Management LLC decreased its stake in Royce Value Trust Inc. (NYSE:RVT - Free Report) by 52.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,942 shares of the financial services provider's stock after selling 67,610 shares during the period. SeaCrest Wealth Management LLC owned about 0.05% of Royce Value Trust worth $972,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Stolper Co grew its holdings in shares of Royce Value Trust by 1.5% during the second quarter. Stolper Co now owns 46,475 shares of the financial services provider's stock worth $672,000 after purchasing an additional 707 shares during the last quarter. 9258 Wealth Management LLC grew its holdings in Royce Value Trust by 1.4% during the 2nd quarter. 9258 Wealth Management LLC now owns 53,052 shares of the financial services provider's stock worth $768,000 after acquiring an additional 729 shares during the last quarter. Creative Planning raised its stake in shares of Royce Value Trust by 7.7% during the third 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 during the last quarter. Accel Wealth Management raised its stake in shares of Royce Value Trust by 0.8% during the second quarter. Accel Wealth Management now owns 121,778 shares of the financial services provider's stock valued at $1,762,000 after acquiring an additional 930 shares during the last quarter. Finally, HBK Sorce Advisory LLC grew its stake in shares of Royce Value Trust by 6.8% in the second quarter. HBK Sorce Advisory LLC now owns 14,869 shares of the financial services provider's stock worth $215,000 after purchasing an additional 946 shares during the last quarter. Institutional investors and hedge funds own 25.57% of the company's stock.

Royce Value Trust Stock Performance

NYSE RVT traded down $0.04 on Thursday, reaching $15.85. The company had a trading volume of 180,192 shares, compared to its average volume of 226,494. Royce Value Trust Inc. has a fifty-two week low of $11.85 and a fifty-two week high of $16.16. The business has a 50 day moving average of $15.29 and a two-hundred day moving average of $14.92.

Royce Value Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Friday, September 13th were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 7.07%.

Insider Buying and Selling

In other news, President Christopher D. Clark bought 3,400 shares of the firm's stock in a transaction on Friday, August 16th. The stock was acquired at an average price of $15.20 per share, with a total value of $51,680.00. Following the transaction, the president now owns 36,057 shares of the company's stock, valued at $548,066.40. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.06% of the stock is owned by insiders.

Royce Value Trust Profile

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.