Cetera Investment Advisers lowered its stake in Royce Value Trust Inc. (NYSE:RVT - Free Report) by 84.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,099 shares of the financial services provider's stock after selling 254,564 shares during the quarter. Cetera Investment Advisers' holdings in Royce Value Trust were worth $760,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Alexander Randolph Advisory Inc. raised its stake in Royce Value Trust by 2.9% during the 4th quarter. Alexander Randolph Advisory Inc. now owns 30,963 shares of the financial services provider's stock worth $489,000 after acquiring an additional 871 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Royce Value Trust by 0.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 140,012 shares of the financial services provider's stock worth $2,212,000 after purchasing an additional 933 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its stake in shares of Royce Value Trust by 11.1% in the fourth 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 in the last quarter. Heritage Wealth Management Inc. raised its position in shares of Royce Value Trust by 2.9% during the 4th quarter. Heritage Wealth Management Inc. now owns 46,668 shares of the financial services provider's stock valued at $737,000 after purchasing an additional 1,296 shares during the period. Finally, Samalin Investment Counsel LLC lifted its stake in shares of Royce Value Trust by 2.2% during the 4th quarter. Samalin Investment Counsel LLC now owns 68,971 shares of the financial services provider's stock valued at $1,090,000 after buying an additional 1,483 shares in the last quarter. 25.57% of the stock is owned by hedge funds and other institutional investors.
Royce Value Trust Trading Up 0.3%
Royce Value Trust stock traded up $0.05 during mid-day trading on Thursday, hitting $14.83. The stock had a trading volume of 142,547 shares, compared to its average volume of 258,320. The firm's 50 day moving average is $14.07 and its 200 day moving average is $15.23. Royce Value Trust Inc. has a one year low of $12.12 and a one year high of $16.93.
Royce Value Trust Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Thursday, March 13th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.09%. The ex-dividend date was Thursday, March 13th.
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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