Royce Value Trust Inc. (NYSE:RVT - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $16.11 and traded as low as $15.61. Royce Value Trust shares last traded at $15.84, with a volume of 320,160 shares trading hands.
Royce Value Trust Stock Performance
The business's 50 day simple moving average is $16.12 and its two-hundred day simple moving average is $15.53.
Royce Value Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Thursday, December 12th were paid a dividend of $0.44 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $1.76 dividend on an annualized basis and a yield of 11.24%.
Institutional Trading of Royce Value Trust
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Stolper Co increased its stake in Royce Value Trust by 1.5% during the 2nd quarter. Stolper Co now owns 46,475 shares of the financial services provider's stock valued at $672,000 after purchasing an additional 707 shares in the last quarter. Beacon Financial Advisory LLC increased its stake in Royce Value Trust by 5.8% during the 3rd quarter. Beacon Financial Advisory LLC now owns 13,328 shares of the financial services provider's stock valued at $209,000 after purchasing an additional 734 shares in the last quarter. Prospera Financial Services Inc grew its stake in shares of Royce Value Trust by 1.7% in the third quarter. Prospera Financial Services Inc now owns 48,547 shares of the financial services provider's stock worth $762,000 after acquiring an additional 800 shares during the period. Focused Wealth Management Inc grew its stake in shares of Royce Value Trust by 1.6% in the third quarter. Focused Wealth Management Inc now owns 53,674 shares of the financial services provider's stock worth $843,000 after acquiring an additional 827 shares during the period. Finally, Creative Planning grew its stake in shares of Royce Value Trust by 7.7% in the third quarter. Creative Planning now owns 11,791 shares of the financial services provider's stock worth $185,000 after acquiring an additional 842 shares during the period. 25.57% of the stock is currently owned by institutional investors.
About Royce Value Trust
(
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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.
Further Reading
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