Vista Investment Partners II LLC Buys New Position in Royce Value Trust Inc. (NYSE:RVT)

Vista Investment Partners II LLC bought 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 Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 23,247 shares of the financial services provider's stock, valued at approximately $367,000.

A number of other hedge funds have also made changes to their positions in RVT. Raymond James Financial Inc. purchased a new stake in shares of Royce Value Trust during the fourth quarter worth approximately $48,539,000. Stifel Financial Corp boosted its holdings in shares of Royce Value Trust by 10.0% during the 3rd quarter. Stifel Financial Corp now owns 775,846 shares of the financial services provider's stock worth $12,181,000 after purchasing an additional 70,449 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Royce Value Trust by 2.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider's stock valued at $6,949,000 after purchasing an additional 11,777 shares in the last quarter. Waterfront Wealth Inc. increased its holdings in shares of Royce Value Trust by 5.8% in the fourth quarter. Waterfront Wealth Inc. now owns 426,902 shares of the financial services provider's stock valued at $6,745,000 after purchasing an additional 23,238 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its position in Royce Value Trust by 2.4% during the fourth quarter. D.A. Davidson & CO. now owns 223,093 shares of the financial services provider's stock worth $3,525,000 after buying an additional 5,149 shares in the last quarter. Institutional investors and hedge funds own 25.57% of the company's stock.

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Royce Value Trust Stock Down 2.9 %

NYSE:RVT traded down $0.42 during trading hours on Thursday, hitting $14.07. The company had a trading volume of 317,739 shares, compared to its average volume of 273,649. Royce Value Trust Inc. has a 1 year low of $13.78 and a 1 year high of $16.93. The company has a 50-day moving average of $15.81 and a 200 day moving average of $15.78.

Royce Value Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Thursday, March 13th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 8.53%. The ex-dividend date is Thursday, March 13th.

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.