Stonebrook Private Inc. Makes New Investment in Royce Value Trust Inc. (NYSE:RVT)

Stonebrook Private Inc. bought a new position in Royce Value Trust Inc. (NYSE:RVT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 35,153 shares of the financial services provider’s stock, valued at approximately $512,000.

A number of other hedge funds have also added to or reduced their stakes in RVT. Great Valley Advisor Group Inc. bought a new stake in Royce Value Trust in the third quarter worth approximately $130,000. Allworth Financial LP acquired a new stake in Royce Value Trust in the fourth quarter valued at approximately $153,000. CTC Alternative Strategies Ltd. acquired a new stake in Royce Value Trust in the fourth quarter valued at approximately $157,000. TIAA Trust National Association acquired a new stake in Royce Value Trust in the third quarter valued at approximately $162,000. Finally, AE Wealth Management LLC acquired a new stake in Royce Value Trust in the third quarter valued at approximately $187,000. 25.57% of the stock is currently owned by institutional investors.

Royce Value Trust Price Performance

Shares of Royce Value Trust stock opened at $14.29 on Monday. Royce Value Trust Inc. has a 52 week low of $11.85 and a 52 week high of $15.24. The stock has a 50 day moving average price of $14.52 and a two-hundred day moving average price of $13.91.

Royce Value Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Monday, March 11th were paid a $0.27 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a $1.08 dividend on an annualized basis and a yield of 7.56%.

Insider Activity at Royce Value Trust

In related news, VP Francis D. Gannon bought 2,000 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were bought at an average price of $14.76 per share, with a total value of $29,520.00. Following the completion of the transaction, the vice president now directly owns 2,000 shares in the company, valued at $29,520. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, VP Francis D. Gannon bought 2,000 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were bought at an average price of $14.76 per share, with a total value of $29,520.00. Following the completion of the transaction, the vice president now directly owns 2,000 shares in the company, valued at $29,520. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Christopher D. Clark acquired 3,300 shares of the business’s stock in a transaction on Thursday, March 21st. The stock was acquired at an average cost of $14.76 per share, for a total transaction of $48,708.00. Following the transaction, the president now owns 31,489 shares of the company’s stock, valued at approximately $464,777.64. The disclosure for this purchase can be found here. 0.06% of the stock is owned by insiders.

Royce Value Trust 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.