Comprehensive Money Management Services LLC acquired a new stake in shares of Royce Value Trust Inc. (NYSE:RVT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 46,830 shares of the financial services provider's stock, valued at approximately $740,000.
A number of other institutional investors also recently modified their holdings of the company. Janney Montgomery Scott LLC grew its holdings in Royce Value Trust by 2.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider's stock worth $6,949,000 after buying an additional 11,777 shares in the last quarter. Bay Rivers Group raised its holdings in Royce Value Trust by 5.8% during the 4th quarter. Bay Rivers Group now owns 29,264 shares of the financial services provider's stock valued at $462,000 after acquiring an additional 1,601 shares during the period. DAVENPORT & Co LLC bought a new position in Royce Value Trust in the 4th quarter worth about $165,000. Calamos Advisors LLC grew its stake in Royce Value Trust by 23.8% during the fourth quarter. Calamos Advisors LLC now owns 34,523 shares of the financial services provider's stock valued at $545,000 after acquiring an additional 6,640 shares in the last quarter. Finally, Beacon Financial Advisory LLC increased its holdings in Royce Value Trust by 23.0% during the 4th quarter. Beacon Financial Advisory LLC now owns 16,397 shares of the financial services provider's stock worth $259,000 after acquiring an additional 3,069 shares during the period. 25.57% of the stock is owned by institutional investors and hedge funds.
Royce Value Trust Stock Up 0.2%
NYSE:RVT traded up $0.03 during trading hours on Friday, hitting $14.84. The stock had a trading volume of 198,308 shares, compared to its average volume of 277,040. The company has a 50 day simple moving average of $14.07 and a two-hundred day simple moving average of $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 announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Thursday, March 13th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 8.09%. The ex-dividend date of this dividend 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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