Royce Small-Cap Trust (NYSE:RVT) Shares Pass Below 50-Day Moving Average - Time to Sell?

Key Points

• Royce Small-Cap Trust fell below its 50‑day moving average, trading as low as $16.66 versus a 50‑day MA of $17.60 (200‑day MA $16.61) and last traded around $16.73.
• The trust announced a quarterly dividend of $0.30 per share (annualized $1.20), implying a ~7.2% yield, payable March 30 with an ex‑dividend date of March 12.
• Major institutions including Bank of America, Morgan Stanley, Raymond James, LPL and RBC have increased holdings, and institutional investors own 25.57% of the company’s stock.

Royce Small-Cap Trust, Inc. (NYSE:RVT - Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $17.60 and traded as low as $16.66. Royce Small-Cap Trust shares last traded at $16.7310, with a volume of 177,065 shares.

Royce Small-Cap Trust Stock Down 2.6%

The company's 50 day moving average is $17.60 and its 200 day moving average is $16.61.

Royce Small-Cap Trust Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Thursday, March 12th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.2%.

Institutional Trading of Royce Small-Cap Trust

Several institutional investors and hedge funds have recently modified their holdings of RVT. Bank of America Corp DE grew its stake in Royce Small-Cap Trust by 0.9% in the second quarter. Bank of America Corp DE now owns 6,293,535 shares of the financial services provider's stock worth $94,718,000 after purchasing an additional 54,485 shares in the last quarter. Morgan Stanley raised its position in Royce Small-Cap Trust by 9.1% during the 4th quarter. Morgan Stanley now owns 6,252,497 shares of the financial services provider's stock valued at $100,665,000 after purchasing an additional 519,959 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Royce Small-Cap Trust by 6.7% in the 2nd quarter. Raymond James Financial Inc. now owns 3,174,507 shares of the financial services provider's stock worth $47,776,000 after buying an additional 198,905 shares during the period. LPL Financial LLC lifted its holdings in shares of Royce Small-Cap Trust by 9.4% in the 4th quarter. LPL Financial LLC now owns 2,257,033 shares of the financial services provider's stock worth $36,338,000 after buying an additional 194,412 shares during the period. Finally, Royal Bank of Canada grew its position in shares of Royce Small-Cap Trust by 1.7% during the 4th quarter. Royal Bank of Canada now owns 1,611,687 shares of the financial services provider's stock worth $25,949,000 after buying an additional 26,655 shares in the last quarter. Institutional investors own 25.57% of the company's stock.

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.

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