Raymond James & Associates boosted its holdings in Royce Value Trust Inc. (NYSE:RVT – Free Report) by 5.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,502,749 shares of the financial services provider’s stock after acquiring an additional 78,601 shares during the period. Raymond James & Associates owned about 1.30% of Royce Value Trust worth $23,593,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quent Capital LLC bought a new stake in shares of Royce Value Trust in the 1st quarter worth approximately $38,000. ESL Trust Services LLC bought a new position in shares of Royce Value Trust during the first quarter worth about $39,000. Salomon & Ludwin LLC bought a new position in Royce Value Trust in the 1st quarter worth about $50,000. Future Financial Wealth Managment LLC acquired a new position in shares of Royce Value Trust during the first quarter worth approximately $76,000. Finally, J.W. Cole Advisors Inc. bought a new position in Royce Value Trust in the 2nd quarter worth approximately $145,000. 25.57% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Royce Value Trust
In other news, President Christopher D. Clark acquired 3,400 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were bought at an average price of $15.20 per share, with a total value of $51,680.00. Following the purchase, the president now owns 36,057 shares of the company’s stock, valued at approximately $548,066.40. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.06% of the company’s stock.
Royce Value Trust Stock Down 0.3 %
Royce Value Trust Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Friday, September 13th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 7.28%. The ex-dividend date was Friday, September 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.
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