Sanctuary Advisors LLC Acquires Shares of 102,167 Royce Small-Cap Trust, Inc. $RVT

Key Points

• Sanctuary Advisors LLC acquired 102,167 shares of Royce Small-Cap Trust (NYSE: RVT) during the second quarter, valued at approximately $1.89 million and representing about 0.09% of the trust.
• Institutional investors own 25.57% of RVT, with several advisory firms modestly increasing their positions in recent quarters.
• RVT traded at $18.77, near its 52-week high of $19.12, while the trust raised its quarterly dividend to $0.31 per share, implying a 6.6% annualized yield.

Sanctuary Advisors LLC acquired a new position in Royce Small-Cap Trust, Inc. (NYSE:RVT - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 102,167 shares of the financial services provider's stock, valued at approximately $1,887,000. Sanctuary Advisors LLC owned approximately 0.09% of Royce Small-Cap Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Wedbush Securities Inc. increased its stake in shares of Royce Small-Cap Trust by 2.4% in the fourth quarter. Wedbush Securities Inc. now owns 24,921 shares of the financial services provider's stock valued at $401,000 after buying an additional 574 shares in the last quarter. Carson Advisory Inc. lifted its position in Royce Small-Cap Trust by 3.4% during the 4th quarter. Carson Advisory Inc. now owns 17,768 shares of the financial services provider's stock worth $286,000 after buying an additional 576 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in Royce Small-Cap Trust by 2.5% during the 4th quarter. Kestra Advisory Services LLC now owns 25,573 shares of the financial services provider's stock worth $412,000 after acquiring an additional 630 shares during the last quarter. Moors & Cabot Inc. grew its holdings in Royce Small-Cap Trust by 2.8% during the 3rd quarter. Moors & Cabot Inc. now owns 24,501 shares of the financial services provider's stock worth $395,000 after acquiring an additional 660 shares during the last quarter. Finally, PMG Family Office LLC increased its position in Royce Small-Cap Trust by 2.1% in the 1st quarter. PMG Family Office LLC now owns 32,513 shares of the financial services provider's stock valued at $540,000 after acquiring an additional 662 shares in the last quarter. Institutional investors own 25.57% of the company's stock.

Royce Small-Cap Trust Stock Performance

RVT opened at $18.77 on Thursday. Royce Small-Cap Trust, Inc. has a 1-year low of $14.97 and a 1-year high of $19.12. The firm has a 50-day moving average price of $18.35 and a two-hundred day moving average price of $18.01.

Royce Small-Cap Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Thursday, June 11th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 6.6%. This is an increase from Royce Small-Cap Trust's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Thursday, June 11th.

Royce Small-Cap Trust Company Profile

Royce Small-Cap Trust NYSE: RVT is a closed-end management investment company that seeks to provide investors with long-term capital appreciation by investing primarily in the common stocks of small-capitalization companies. The trust is structured to trade on the New York Stock Exchange, offering shares that represent an undivided interest in a diversified portfolio of U.S. small-cap equities. As a closed-end vehicle, the fund may employ leverage to enhance returns and reinvest dividends to support growth over time.

The trust’s investment strategy is driven by fundamental, bottom-up research, focusing on companies with market capitalizations typically falling within the small-cap spectrum.

Want to see what other hedge funds are holding RVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royce Small-Cap Trust, Inc. (NYSE:RVT - Free Report).

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