Royce Value Trust Inc. (NYSE:RVT) Shares Sold by Shaker Financial Services LLC

Shaker Financial Services LLC reduced its position in Royce Value Trust Inc. (NYSE:RVT - Free Report) by 38.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,500 shares of the financial services provider's stock after selling 46,071 shares during the period. Shaker Financial Services LLC owned about 0.06% of Royce Value Trust worth $1,177,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jaffetilchin Investment Partners LLC increased its stake in shares of Royce Value Trust by 11.1% during the 4th 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 in the last quarter. DAVENPORT & Co LLC purchased a new position in Royce Value Trust during the fourth quarter worth $165,000. Keyes Stange & Wooten Wealth Management LLC acquired a new position in shares of Royce Value Trust in the fourth quarter worth $170,000. GWN Securities Inc. purchased a new stake in shares of Royce Value Trust in the fourth quarter valued at $187,000. Finally, Atria Wealth Solutions Inc. lifted its position in shares of Royce Value Trust by 18.4% in the fourth quarter. Atria Wealth Solutions Inc. now owns 12,230 shares of the financial services provider's stock valued at $193,000 after acquiring an additional 1,903 shares in the last quarter. 25.57% of the stock is owned by institutional investors and hedge funds.

Royce Value Trust Trading Up 0.1 %

Royce Value Trust stock traded up $0.01 during midday trading on Friday, reaching $13.83. 173,523 shares of the company were exchanged, compared to its average volume of 253,912. The firm's 50-day simple moving average is $14.21 and its 200-day simple moving average is $15.42. 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 company also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Thursday, March 13th were issued 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 dividend yield of 8.68%.

Royce Value 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.