Atlanta Consulting Group Advisors LLC Buys Shares of 43,745 Royce Value Trust Inc. (NYSE:RVT)

Atlanta Consulting Group Advisors LLC bought a new stake in Royce Value Trust Inc. (NYSE:RVT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 43,745 shares of the financial services provider’s stock, valued at approximately $691,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GWN Securities Inc. purchased a new stake in shares of Royce Value Trust in the 4th quarter valued at $187,000. Commonwealth Equity Services LLC raised its holdings in shares of Royce Value Trust by 0.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 140,012 shares of the financial services provider’s stock valued at $2,212,000 after buying an additional 933 shares during the period. HighTower Advisors LLC raised its holdings in shares of Royce Value Trust by 5.9% in the 4th quarter. HighTower Advisors LLC now owns 144,253 shares of the financial services provider’s stock valued at $2,279,000 after buying an additional 7,985 shares during the period. Vista Investment Partners II LLC purchased a new stake in shares of Royce Value Trust in the 4th quarter valued at $367,000. Finally, Independent Advisor Alliance purchased a new stake in shares of Royce Value Trust in the 4th quarter valued at $218,000. Hedge funds and other institutional investors own 25.57% of the company’s stock.

Royce Value Trust Trading Up 1.1 %

RVT stock opened at $14.23 on Monday. Royce Value Trust Inc. has a 12-month low of $13.78 and a 12-month high of $16.93. The business’s fifty day moving average price is $15.74 and its 200 day moving average price is $15.76.

Royce Value Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Thursday, March 13th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $1.20 annualized dividend and a dividend yield of 8.44%.

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.