AQR Arbitrage LLC trimmed its holdings in shares of Royce Value Trust Inc. (NYSE:RVT - Free Report) by 59.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,693 shares of the financial services provider's stock after selling 230,406 shares during the period. AQR Arbitrage LLC owned about 0.14% of Royce Value Trust worth $2,492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Jaffetilchin Investment Partners LLC grew its position in Royce Value Trust by 11.1% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 10,209 shares of the financial services provider's stock worth $161,000 after purchasing an additional 1,019 shares during the period. DAVENPORT & Co LLC purchased a new stake in shares of Royce Value Trust during the fourth quarter worth approximately $165,000. Keyes Stange & Wooten Wealth Management LLC acquired a new position in Royce Value Trust in the fourth quarter valued at about $170,000. GWN Securities Inc. purchased a new position in Royce Value Trust in the 4th quarter valued at approximately $187,000. Finally, Canal Capital Management LLC acquired a new position in shares of Royce Value Trust during the 4th quarter worth about $179,000. Hedge funds and other institutional investors own 25.57% of the company's stock.
Royce Value Trust Trading Up 0.5 %
Shares of NYSE RVT traded up $0.07 during mid-day trading on Wednesday, reaching $14.24. The company had a trading volume of 60,755 shares, compared to its average volume of 254,520. Royce Value Trust Inc. has a 52-week low of $12.12 and a 52-week high of $16.93. The firm has a 50 day simple moving average of $14.00 and a two-hundred day simple moving average of $15.33.
Royce Value Trust Cuts Dividend
The company 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 was Thursday, March 13th. This represents a $1.20 dividend on an annualized basis and a yield of 8.43%.
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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