1607 Capital Partners LLC lessened its stake in Royce Value Trust Inc. (NYSE:RVT - Free Report) by 60.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,006 shares of the financial services provider's stock after selling 37,400 shares during the period. 1607 Capital Partners LLC's holdings in Royce Value Trust were worth $379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently modified their holdings of the company. Jaffetilchin Investment Partners LLC increased its holdings in shares of Royce Value Trust by 11.1% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 10,209 shares of the financial services provider's stock valued at $161,000 after acquiring an additional 1,019 shares in the last quarter. DAVENPORT & Co LLC purchased a new position in shares of Royce Value Trust in the fourth quarter worth $165,000. Keyes Stange & Wooten Wealth Management LLC acquired a new stake in shares of Royce Value Trust during the fourth quarter worth $170,000. GWN Securities Inc. acquired a new position in shares of Royce Value Trust in the 4th quarter valued at $187,000. Finally, Atria Wealth Solutions Inc. increased its holdings in shares of Royce Value Trust by 18.4% in the fourth quarter. Atria Wealth Solutions Inc. now owns 12,230 shares of the financial services provider's stock valued at $193,000 after purchasing an additional 1,903 shares during the period. Institutional investors own 25.57% of the company's stock.
Royce Value Trust Trading Up 1.4 %
Shares of Royce Value Trust stock traded up $0.19 on Tuesday, reaching $13.37. 72,005 shares of the stock were exchanged, compared to its average volume of 251,909. Royce Value Trust Inc. has a twelve month low of $12.12 and a twelve month high of $16.93. The business has a 50 day moving average price of $14.42 and a two-hundred day moving average price of $15.47.
Royce Value Trust Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Thursday, March 13th were paid a $0.30 dividend. The ex-dividend date was Thursday, March 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.98%.
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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