Farther Finance Advisors LLC Purchases 31,113 Shares of Royce Small-Cap Trust, Inc. $RVT

Farther Finance Advisors LLC lifted its position in shares of Royce Small-Cap Trust, Inc. (NYSE:RVT) by 308.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,184 shares of the financial services provider’s stock after purchasing an additional 31,113 shares during the period. Farther Finance Advisors LLC’s holdings in Royce Small-Cap Trust were worth $663,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in RVT. Newbridge Financial Services Group Inc. bought a new stake in shares of Royce Small-Cap Trust during the second quarter worth about $28,000. Westfuller Advisors LLC bought a new stake in shares of Royce Small-Cap Trust during the third quarter worth about $29,000. Quent Capital LLC bought a new stake in shares of Royce Small-Cap Trust during the third quarter worth about $46,000. Coastline Trust Co bought a new stake in shares of Royce Small-Cap Trust during the third quarter worth about $48,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Royce Small-Cap Trust by 100.0% during the third quarter. EverSource Wealth Advisors LLC now owns 3,500 shares of the financial services provider’s stock worth $56,000 after purchasing an additional 1,750 shares during the last quarter. 25.57% of the stock is currently owned by institutional investors.

Royce Small-Cap Trust Stock Performance

NYSE:RVT opened at $18.36 on Friday. The stock’s 50-day moving average is $17.51 and its 200-day moving average is $16.82. Royce Small-Cap Trust, Inc. has a 1-year low of $13.58 and a 1-year high of $18.73.

Royce Small-Cap Trust Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Thursday, March 12th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 6.5%. The ex-dividend date was Thursday, March 12th.

Insider Buying and Selling at Royce Small-Cap Trust

In other news, President Christopher D. Clark purchased 4,500 shares of Royce Small-Cap Trust stock in a transaction dated Tuesday, March 24th. The shares were bought at an average cost of $16.69 per share, for a total transaction of $75,105.00. Following the completion of the acquisition, the president owned 47,235 shares in the company, valued at approximately $788,352.15. This trade represents a 10.53% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.08% of the company’s stock.

About Royce Small-Cap Trust

Royce Small-Cap Trust (NYSE:RVT) is a closed-end management investment company that seeks to provide investors with long-term capital appreciation by investing primarily in the common stocks of small-capitalization companies. The trust is structured to trade on the New York Stock Exchange, offering shares that represent an undivided interest in a diversified portfolio of U.S. small-cap equities. As a closed-end vehicle, the fund may employ leverage to enhance returns and reinvest dividends to support growth over time.

The trust’s investment strategy is driven by fundamental, bottom-up research, focusing on companies with market capitalizations typically falling within the small-cap spectrum.