Comprehensive Money Management Services LLC acquired a new position in Royce Value Trust Inc. (NYSE:RVT - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 46,830 shares of the financial services provider's stock, valued at approximately $740,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Vermillion Wealth Management Inc. acquired a new stake in shares of Royce Value Trust in the fourth quarter worth $29,000. Jaffetilchin Investment Partners LLC lifted its holdings in shares of Royce Value Trust by 11.1% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 10,209 shares of the financial services provider's stock valued at $161,000 after acquiring an additional 1,019 shares during the period. DAVENPORT & Co LLC bought a new position in shares of Royce Value Trust during the fourth quarter valued at $165,000. Keyes Stange & Wooten Wealth Management LLC bought a new position in shares of Royce Value Trust during the fourth quarter valued at $170,000. Finally, Canal Capital Management LLC acquired a new stake in shares of Royce Value Trust in the fourth quarter valued at $179,000. Institutional investors and hedge funds own 25.57% of the company's stock.
Royce Value Trust Stock Performance
Shares of NYSE:RVT traded up $0.03 during midday trading on Friday, reaching $14.84. The company's stock had a trading volume of 198,308 shares, compared to its average volume of 258,374. The business's fifty day simple moving average is $14.08 and its 200-day simple moving average is $15.22. Royce Value Trust Inc. has a fifty-two week low of $12.12 and a fifty-two week high of $16.93.
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 8.09%.
Royce Value Trust Profile
(
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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