Sigma Planning Corp Trims Holdings in Royce Value Trust Inc. (NYSE:RVT)

Posted by Trina Covell on Nov 16th, 2024

Sigma Planning Corp cut its stake in Royce Value Trust Inc. (NYSE:RVT – Free Report) by 6.3% during the third quarter, HoldingsChannel reports. The firm owned 28,972 shares of the financial services provider’s stock after selling 1,933 shares during the period. Sigma Planning Corp’s holdings in Royce Value Trust were worth $455,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. ESL Trust Services LLC purchased a new stake in shares of Royce Value Trust in the first quarter valued at approximately $39,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Royce Value Trust in the 3rd quarter worth $78,000. J.W. Cole Advisors Inc. bought a new position in shares of Royce Value Trust during the 2nd quarter worth $145,000. Calamos Advisors LLC purchased a new position in shares of Royce Value Trust during the second quarter valued at $155,000. Finally, Creative Planning raised its holdings in shares of 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 acquiring an additional 842 shares in the last quarter. Institutional investors own 25.57% of the company’s stock.

Royce Value Trust Stock Down 1.0 %

NYSE:RVT opened at $15.93 on Friday. Royce Value Trust Inc. has a 1-year low of $12.78 and a 1-year high of $16.93. The company has a 50-day moving average of $15.58 and a 200 day moving average of $15.13.

Royce Value Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Friday, September 13th were given a $0.28 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.12 annualized dividend and a dividend yield of 7.03%.

Royce Value Trust Company Profile

(Free Report)

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.