Royce Small-Cap Trust, Inc. $RVT Shares Purchased by Baird Financial Group Inc.

Baird Financial Group Inc. boosted its stake in Royce Small-Cap Trust, Inc. (NYSE:RVT) by 37.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 21,282 shares of the financial services provider’s stock after acquiring an additional 5,784 shares during the quarter. Baird Financial Group Inc.’s holdings in Royce Small-Cap Trust were worth $303,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in Royce Small-Cap Trust by 122.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 30,849 shares of the financial services provider’s stock valued at $439,000 after purchasing an additional 16,966 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in Royce Small-Cap Trust by 14.1% during the first quarter. Janney Montgomery Scott LLC now owns 502,022 shares of the financial services provider’s stock valued at $7,149,000 after purchasing an additional 62,192 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Royce Small-Cap Trust by 6,938.5% during the first quarter. Farther Finance Advisors LLC now owns 10,065 shares of the financial services provider’s stock valued at $144,000 after purchasing an additional 9,922 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in Royce Small-Cap Trust by 2.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 124,521 shares of the financial services provider’s stock valued at $1,773,000 after purchasing an additional 3,174 shares in the last quarter. Finally, Advisor Resource Council purchased a new position in Royce Small-Cap Trust during the first quarter valued at $433,000. 25.57% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Royce Small-Cap Trust

In other Royce Small-Cap Trust news, insider Charles M. Royce sold 21,735 shares of Royce Small-Cap Trust stock in a transaction 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 sale, the insider owned 86,938 shares of the company’s stock, valued at $1,300,592.48. The trade was a 20.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.08% of the stock is currently owned by company insiders.

Royce Small-Cap Trust Stock Up 1.3%

RVT opened at $16.52 on Friday. Royce Small-Cap Trust, Inc. has a 52-week low of $12.12 and a 52-week high of $16.93. The firm’s fifty day simple moving average is $15.62 and its two-hundred day simple moving average is $14.84.

Royce Small-Cap Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Friday, September 12th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Friday, September 12th.

Royce Small-Cap Trust Company 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.