Royce Small-Cap Trust, Inc. (NYSE:RVT) Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its stake in Royce Small-Cap Trust, Inc. (NYSE:RVT - Free Report) by 122.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,849 shares of the financial services provider's stock after buying an additional 16,966 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Royce Small-Cap Trust were worth $439,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vermillion Wealth Management Inc. bought a new stake in shares of Royce Small-Cap Trust in the fourth quarter worth $29,000. Farther Finance Advisors LLC increased its stake in shares of Royce Small-Cap Trust by 6,938.5% in the first quarter. Farther Finance Advisors LLC now owns 10,065 shares of the financial services provider's stock worth $144,000 after buying an additional 9,922 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its holdings in Royce Small-Cap 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 period. Keyes Stange & Wooten Wealth Management LLC acquired a new position in Royce Small-Cap Trust in the fourth quarter worth $170,000. Finally, GWN Securities Inc. acquired a new position in Royce Small-Cap Trust in the fourth quarter worth $187,000. Institutional investors own 25.57% of the company's stock.

Royce Small-Cap Trust Stock Performance

Royce Small-Cap Trust stock traded down $0.22 during mid-day trading on Monday, reaching $15.31. The company's stock had a trading volume of 291,313 shares, compared to its average volume of 264,977. The business has a 50 day moving average price of $14.81 and a 200-day moving average price of $14.96. Royce Small-Cap Trust, Inc. has a twelve month low of $12.12 and a twelve month high of $16.93.

Royce Small-Cap Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Thursday, June 12th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 7.58%. The ex-dividend date of this dividend was Thursday, June 12th.

Insider Buying and Selling

In other Royce Small-Cap Trust news, insider Charles M. Royce sold 21,735 shares of Royce Small-Cap Trust stock in a transaction on Thursday, June 26th. The shares were sold at an average price of $14.96, for a total value of $325,155.60. Following the completion of the transaction, the insider owned 86,938 shares of the company's stock, valued at $1,300,592.48. The trade was a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.06% of the stock is currently owned by corporate insiders.

Royce Small-Cap Trust Company Profile

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.