Dover Advisors LLC Takes $228,000 Position in Royce Value Trust Inc. (NYSE:RVT)

Dover Advisors LLC bought a new stake in shares of Royce Value Trust Inc. (NYSE:RVT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 14,400 shares of the financial services provider’s stock, valued at approximately $228,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Benjamin Edwards Inc. purchased a new position in shares of Royce Value Trust during the 3rd quarter valued at approximately $1,505,000. Stifel Financial Corp lifted its position in shares of Royce Value Trust by 10.0% during the 3rd quarter. Stifel Financial Corp now owns 775,846 shares of the financial services provider’s stock valued at $12,181,000 after buying an additional 70,449 shares in the last quarter. Creative Planning lifted its position in shares of Royce Value Trust by 7.7% during the 3rd 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. Janney Montgomery Scott LLC lifted its position in shares of Royce Value Trust by 2.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider’s stock valued at $6,949,000 after buying an additional 11,777 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of Royce Value Trust by 1,603.2% during the 3rd quarter. International Assets Investment Management LLC now owns 370,774 shares of the financial services provider’s stock valued at $5,821,000 after buying an additional 349,005 shares in the last quarter. Hedge funds and other institutional investors own 25.57% of the company’s stock.

Royce Value Trust Price Performance

NYSE RVT opened at $15.72 on Monday. The business has a fifty day moving average price of $16.01 and a 200 day moving average price of $15.79. Royce Value Trust Inc. has a one year low of $13.78 and a one year high of $16.93.

Royce Value Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Thursday, December 12th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 11.20%. The ex-dividend date of this dividend was Thursday, December 12th.

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.