30,439 Shares in Royce Small-Cap Trust, Inc. (NYSE:RVT) Bought by Advisor Resource Council

Advisor Resource Council acquired a new stake in Royce Small-Cap Trust, Inc. (NYSE:RVT - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 30,439 shares of the financial services provider's stock, valued at approximately $433,000.

Several other institutional investors have also added to or reduced their stakes in the company. Vermillion Wealth Management Inc. bought a new position in shares of Royce Small-Cap Trust in the 4th quarter valued at $29,000. Farther Finance Advisors LLC boosted its stake in Royce Small-Cap Trust by 6,938.5% in the first quarter. Farther Finance Advisors LLC now owns 10,065 shares of the financial services provider's stock valued at $144,000 after buying an additional 9,922 shares in the last quarter. Inscription Capital LLC bought a new position in Royce Small-Cap Trust in the first quarter valued at about $156,000. Jaffetilchin Investment Partners LLC raised its stake in Royce Small-Cap Trust by 11.1% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 10,209 shares of the financial services provider's stock worth $161,000 after acquiring an additional 1,019 shares in the last quarter. Finally, Keyes Stange & Wooten Wealth Management LLC acquired a new position in Royce Small-Cap Trust during the fourth quarter worth about $170,000. 25.57% of the stock is currently owned by institutional investors and hedge funds.

Royce Small-Cap Trust Trading Up 1.1%

Shares of RVT traded up $0.17 during mid-day trading on Thursday, reaching $15.00. The company had a trading volume of 257,982 shares, compared to its average volume of 263,604. The company's 50 day simple moving average is $14.57 and its 200 day simple moving average is $15.01. Royce Small-Cap Trust, Inc. has a 1-year low of $12.12 and a 1-year high of $16.93.

Royce Small-Cap Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Thursday, June 12th were given a $0.29 dividend. The ex-dividend date of this dividend was Thursday, June 12th. This represents a $1.16 dividend on an annualized basis and a yield of 7.73%.

Royce Small-Cap Trust 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.