Captrust Financial Advisors Has $4.33 Million Holdings in Royce Value Trust Inc. (NYSE:RVT)

Captrust Financial Advisors trimmed its holdings in Royce Value Trust Inc. (NYSE:RVT - Free Report) by 10.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 273,765 shares of the financial services provider's stock after selling 30,284 shares during the period. Captrust Financial Advisors owned about 0.24% of Royce Value Trust worth $4,325,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in shares of Royce Value Trust in the 4th quarter valued at approximately $48,539,000. Modern Wealth Management LLC acquired a new position in shares of Royce Value Trust in the fourth quarter valued at approximately $8,718,000. LPL Financial LLC increased its position in shares of Royce Value Trust by 37.5% during the fourth quarter. LPL Financial LLC now owns 1,260,113 shares of the financial services provider's stock worth $19,910,000 after acquiring an additional 343,597 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Royce Value Trust by 23.3% during the fourth quarter. Wells Fargo & Company MN now owns 1,673,671 shares of the financial services provider's stock worth $26,444,000 after acquiring an additional 315,880 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its position in Royce Value Trust by 123.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 166,040 shares of the financial services provider's stock valued at $2,623,000 after acquiring an additional 91,586 shares in the last quarter. 25.57% of the stock is currently owned by institutional investors.

Royce Value Trust Trading Up 0.4 %

RVT stock opened at $14.40 on Friday. The stock has a 50-day moving average price of $13.96 and a two-hundred day moving average price of $15.31. Royce Value Trust Inc. has a 1 year low of $12.12 and a 1 year high of $16.93.

Royce Value Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Thursday, March 13th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 8.33%. The ex-dividend date was Thursday, March 13th.

About Royce Value Trust

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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