Allspring Global Investments Holdings LLC boosted its holdings in shares of Royce Value Trust Inc. (NYSE:RVT - Free Report) by 14.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 386,499 shares of the financial services provider's stock after acquiring an additional 48,700 shares during the period. Allspring Global Investments Holdings LLC owned 0.34% of Royce Value Trust worth $6,068,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. Quent Capital LLC purchased a new stake in shares of Royce Value Trust in the 1st quarter valued at approximately $38,000. ESL Trust Services LLC purchased a new stake in shares of Royce Value Trust in the 1st quarter valued at approximately $39,000. Salomon & Ludwin LLC purchased a new stake in shares of Royce Value Trust in the 1st quarter valued at approximately $50,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Royce Value Trust in the 3rd quarter valued at approximately $78,000. Finally, J.W. Cole Advisors Inc. purchased a new stake in shares of Royce Value Trust in the 2nd quarter valued at approximately $145,000. Hedge funds and other institutional investors own 25.57% of the company's stock.
Royce Value Trust Stock Performance
Shares of Royce Value Trust stock traded up $0.07 during mid-day trading on Monday, hitting $15.45. The stock had a trading volume of 206,024 shares, compared to its average volume of 224,049. The firm has a 50-day moving average of $15.39 and a two-hundred day moving average of $14.96. Royce Value Trust Inc. has a 12-month low of $11.85 and a 12-month high of $16.16.
Royce Value Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Friday, September 13th were given a dividend of $0.28 per share. The ex-dividend date was Friday, September 13th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 7.25%.
Insider Buying and Selling
In related news, President Christopher D. Clark acquired 3,400 shares of the stock in a transaction that occurred on 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 owns 36,057 shares of the company's stock, valued at approximately $548,066.40. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 0.06% of the stock is currently owned by corporate insiders.
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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