Raymond James & Associates Has $23.59 Million Holdings in Royce Value Trust Inc. (NYSE:RVT)

Raymond James & Associates boosted its holdings in Royce Value Trust Inc. (NYSE:RVT - Free Report) by 5.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,502,749 shares of the financial services provider's stock after buying an additional 78,601 shares during the quarter. Raymond James & Associates owned approximately 1.30% of Royce Value Trust worth $23,593,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Cornerstone Advisors LLC lifted its holdings in shares of Royce Value Trust by 62.0% in the second quarter. Cornerstone Advisors LLC now owns 734,489 shares of the financial services provider's stock worth $10,628,000 after acquiring an additional 281,199 shares during the last quarter. Advisors Asset Management Inc. boosted its position in Royce Value Trust by 9.7% in the first quarter. Advisors Asset Management Inc. now owns 667,661 shares of the financial services provider's stock valued at $10,128,000 after buying an additional 59,308 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its stake in shares of Royce Value Trust by 13.3% during the second quarter. Blue Bell Private Wealth Management LLC now owns 460,923 shares of the financial services provider's stock worth $6,670,000 after buying an additional 54,097 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Royce Value Trust by 2.0% during the first quarter. Janney Montgomery Scott LLC now owns 431,555 shares of the financial services provider's stock worth $6,547,000 after buying an additional 8,578 shares in the last quarter. Finally, Lazard Asset Management LLC increased its holdings in shares of Royce Value Trust by 62.5% during the first quarter. Lazard Asset Management LLC now owns 384,792 shares of the financial services provider's stock worth $5,837,000 after buying an additional 147,935 shares in the last quarter. Institutional investors own 25.57% of the company's stock.

Insider Transactions at Royce Value Trust

In other Royce Value Trust news, President Christopher D. Clark bought 3,400 shares of Royce Value Trust stock in a transaction on Friday, August 16th. The shares were purchased at an average cost of $15.20 per share, with a total value of $51,680.00. Following the acquisition, the president now directly owns 36,057 shares of the company's stock, valued at $548,066.40. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.06% of the company's stock.

Royce Value Trust Trading Down 0.1 %

Shares of NYSE RVT traded down $0.01 during mid-day trading on Friday, hitting $15.38. 170,680 shares of the stock traded hands, compared to its average volume of 224,136. Royce Value Trust Inc. has a twelve month low of $11.85 and a twelve month high of $16.16. The firm has a 50 day simple moving average of $15.38 and a two-hundred day simple moving average of $14.96.

Royce Value Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Friday, September 13th were paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 7.28%. The ex-dividend date of this dividend was Friday, September 13th.

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.