Royce Value Trust Inc. (NYSE:RVT) Stock Holdings Boosted by Stifel Financial Corp

Stifel Financial Corp boosted its stake in Royce Value Trust Inc. (NYSE:RVT - Free Report) by 10.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 775,846 shares of the financial services provider's stock after buying an additional 70,449 shares during the period. Stifel Financial Corp owned 0.67% of Royce Value Trust worth $12,181,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in RVT. Future Financial Wealth Managment LLC bought a new stake in shares of Royce Value Trust during the third quarter valued at approximately $78,000. J.W. Cole Advisors Inc. acquired a new stake in Royce Value Trust in the 2nd quarter valued at approximately $145,000. Calamos Advisors LLC bought a new stake in Royce Value Trust during the 2nd quarter valued at $155,000. Creative Planning boosted its position in Royce Value Trust by 7.7% during the 3rd 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. Finally, B&L Asset Management LLC acquired a new position in Royce Value Trust during the 3rd quarter worth $190,000. 25.57% of the stock is currently owned by institutional investors.

Royce Value Trust Price Performance

Shares of RVT traded down $0.17 during trading hours on Thursday, reaching $16.05. 337,521 shares of the company's stock traded hands, compared to its average volume of 230,280. Royce Value Trust Inc. has a twelve month low of $13.26 and a twelve month high of $16.93. The business's fifty day simple moving average is $16.05 and its two-hundred day simple moving average is $15.36.

Royce Value Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Thursday, December 12th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $1.76 annualized dividend and a yield of 10.97%.

Royce Value Trust Company 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.