Waverly Advisors LLC acquired a new position in shares of Royce Value Trust Inc. (NYSE:RVT - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 50,753 shares of the financial services provider's stock, valued at approximately $802,000.
A number of other hedge funds have also recently made changes to their positions in the stock. Jaffetilchin Investment Partners LLC raised 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 during the last quarter. DAVENPORT & Co LLC acquired a new stake in Royce Value Trust in the fourth quarter valued at approximately $165,000. Keyes Stange & Wooten Wealth Management LLC purchased a new position in shares of Royce Value Trust in the fourth quarter valued at approximately $170,000. Canal Capital Management LLC purchased a new position in shares of Royce Value Trust in the fourth quarter valued at approximately $179,000. Finally, Kovitz Investment Group Partners LLC purchased a new position in shares of Royce Value Trust in the fourth quarter valued at approximately $185,000. 25.57% of the stock is currently owned by hedge funds and other institutional investors.
Royce Value Trust Stock Performance
Shares of NYSE RVT traded down $0.02 during midday trading on Thursday, hitting $14.76. The stock had a trading volume of 61,820 shares, compared to its average volume of 258,471. The stock has a 50 day simple moving average of $14.07 and a 200-day simple moving average of $15.25. Royce Value Trust Inc. has a 1 year low of $12.12 and a 1 year high of $16.93.
Royce Value Trust Cuts Dividend
The business also recently disclosed 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. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $1.20 dividend on an annualized basis and a yield of 8.13%.
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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