PKS Advisory Services LLC acquired a new stake in shares of Royce Value Trust Inc. (NYSE:RVT - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 19,344 shares of the financial services provider's stock, valued at approximately $306,000.
Other hedge funds also recently bought and sold shares of the company. Alexander Randolph Advisory Inc. increased its position in shares of Royce Value Trust by 2.9% in the 4th quarter. Alexander Randolph Advisory Inc. now owns 30,963 shares of the financial services provider's stock valued at $489,000 after buying an additional 871 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Royce Value Trust by 0.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 140,012 shares of the financial services provider's stock worth $2,212,000 after acquiring an additional 933 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its position in shares of Royce Value Trust by 5.6% during the third quarter. B. Riley Wealth Advisors Inc. now owns 19,872 shares of the financial services provider's stock worth $308,000 after purchasing an additional 1,047 shares during the period. Heritage Wealth Management Inc. raised its position in shares of Royce Value Trust by 2.9% during the fourth quarter. Heritage Wealth Management Inc. now owns 46,668 shares of the financial services provider's stock worth $737,000 after purchasing an additional 1,296 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in shares of Royce Value Trust by 1.1% during the 3rd quarter. HighTower Advisors LLC now owns 136,268 shares of the financial services provider's stock valued at $2,140,000 after purchasing an additional 1,480 shares in the last quarter. 25.57% of the stock is currently owned by institutional investors and hedge funds.
Royce Value Trust Price Performance
NYSE RVT traded down $0.22 during trading hours on Friday, reaching $14.28. 213,159 shares of the company's stock were exchanged, compared to its average volume of 241,645. The company's 50-day moving average is $15.47 and its two-hundred day moving average is $15.72. Royce Value Trust Inc. has a one year low of $13.78 and a one year high of $16.93.
Royce Value Trust Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Thursday, March 13th were given a $0.30 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $1.20 annualized dividend and a yield of 8.41%.
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.
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