Steward Partners Investment Advisory LLC raised its holdings in Royce Value Trust Inc. (NYSE:RVT - Free Report) by 123.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 166,040 shares of the financial services provider's stock after purchasing an additional 91,586 shares during the quarter. Steward Partners Investment Advisory LLC owned 0.14% of Royce Value Trust worth $2,623,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of RVT. Creative Planning boosted its stake in Royce Value Trust by 7.7% in the third quarter. Creative Planning now owns 11,791 shares of the financial services provider's stock valued at $185,000 after buying an additional 842 shares in the last quarter. Atria Investments Inc lifted its holdings in shares of Royce Value Trust by 2.4% in the third quarter. Atria Investments Inc now owns 95,600 shares of the financial services provider's stock worth $1,501,000 after acquiring an additional 2,246 shares during the last quarter. Nations Financial Group Inc. IA ADV acquired a new stake in shares of Royce Value Trust in the 3rd quarter valued at approximately $739,000. Prospera Financial Services Inc boosted its stake in shares of Royce Value Trust by 1.7% in the 3rd quarter. Prospera Financial Services Inc now owns 48,547 shares of the financial services provider's stock valued at $762,000 after purchasing an additional 800 shares in the last quarter. Finally, Concorde Asset Management LLC grew its holdings in shares of Royce Value Trust by 19.4% during the 3rd quarter. Concorde Asset Management LLC now owns 33,492 shares of the financial services provider's stock valued at $526,000 after purchasing an additional 5,444 shares during the last quarter. Institutional investors own 25.57% of the company's stock.
Shares of NYSE:RVT opened at $14.70 on Friday. Royce Value Trust Inc. has a one year low of $13.78 and a one year high of $16.93. The firm has a 50 day simple moving average of $15.88 and a 200 day simple moving average of $15.79.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.30 per share. The ex-dividend date is Thursday, March 13th. This represents a $1.20 annualized dividend and a dividend yield of 8.16%.
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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