Wealth Enhancement Advisory Services LLC Raises Stock Position in Royce Small-Cap Trust, Inc. (NYSE:RVT)

Wealth Enhancement Advisory Services LLC lifted its stake in shares of Royce Small-Cap Trust, Inc. (NYSE:RVTFree Report) by 122.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,849 shares of the financial services provider’s stock after buying an additional 16,966 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Royce Small-Cap Trust were worth $439,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its position in Royce Small-Cap Trust by 6,938.5% during the 1st quarter. Farther Finance Advisors LLC now owns 10,065 shares of the financial services provider’s stock worth $144,000 after buying an additional 9,922 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new position in Royce Small-Cap Trust during the 4th quarter worth $185,000. Commonwealth Equity Services LLC raised its position in Royce Small-Cap Trust by 0.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 140,012 shares of the financial services provider’s stock worth $2,212,000 after buying an additional 933 shares during the last quarter. PKS Advisory Services LLC acquired a new position in shares of Royce Small-Cap Trust during the 4th quarter worth $306,000. Finally, HighTower Advisors LLC increased its holdings in shares of Royce Small-Cap 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 purchasing an additional 7,985 shares in the last quarter. Hedge funds and other institutional investors own 25.57% of the company’s stock.

Royce Small-Cap Trust Price Performance

Shares of NYSE RVT opened at $15.53 on Monday. Royce Small-Cap Trust, Inc. has a 52 week low of $12.12 and a 52 week high of $16.93. The company’s 50-day moving average price is $14.78 and its 200 day moving average price is $14.96.

Royce Small-Cap Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Thursday, June 12th were issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 7.47%. The ex-dividend date was Thursday, June 12th.

Insider Activity at Royce Small-Cap Trust

In other Royce Small-Cap Trust news, insider Charles M. Royce sold 21,735 shares of the stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $14.96, for a total transaction of $325,155.60. Following the transaction, the insider owned 86,938 shares of the company’s stock, valued at $1,300,592.48. This trade represents a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.06% of the stock is currently owned by corporate insiders.

Royce Small-Cap 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.

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Institutional Ownership by Quarter for Royce Small-Cap Trust (NYSE:RVT)

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