Landscape Capital Management L.L.C. Sells 129,496 Shares of Royce Value Trust Inc. (NYSE:RVT)

Landscape Capital Management L.L.C. lowered its position in shares of Royce Value Trust Inc. (NYSE:RVT) by 73.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,887 shares of the financial services provider’s stock after selling 129,496 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Royce Value Trust were worth $741,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. DAVENPORT & Co LLC bought a new stake in Royce Value Trust in the 4th quarter valued at about $165,000. GWN Securities Inc. bought a new stake in shares of Royce Value Trust in the fourth quarter valued at approximately $187,000. EP Wealth Advisors LLC purchased a new stake in shares of Royce Value Trust during the 3rd quarter valued at approximately $188,000. Atria Wealth Solutions Inc. boosted its holdings in Royce Value Trust by 18.4% in the 4th quarter. Atria Wealth Solutions Inc. now owns 12,230 shares of the financial services provider’s stock worth $193,000 after buying an additional 1,903 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in Royce Value Trust by 27.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 12,688 shares of the financial services provider’s stock valued at $200,000 after buying an additional 2,719 shares in the last quarter. Institutional investors own 25.57% of the company’s stock.

Royce Value Trust Trading Down 5.1 %

Shares of Royce Value Trust stock opened at $13.05 on Monday. The company has a 50 day simple moving average of $15.21 and a two-hundred day simple moving average of $15.68. Royce Value Trust Inc. has a 1 year low of $12.80 and a 1 year high of $16.93.

Royce Value Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Thursday, March 13th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 9.20%. The ex-dividend date of this dividend was Thursday, March 13th.

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.