Royce Value Trust (NYSE:RVT) Sees Unusually-High Trading Volume – Here’s What Happened

Royce Value Trust Inc. (NYSE:RVT) saw unusually-strong trading volume on Monday . Approximately 219,144 shares were traded during mid-day trading, a decline of 7% from the previous session’s volume of 235,307 shares.The stock last traded at $15.75 and had previously closed at $15.73.

Royce Value Trust Trading Up 1.2 %

The business has a fifty day moving average of $16.06 and a 200 day moving average of $15.42.

Royce Value Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Thursday, December 12th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 11.18%. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RVT. Stolper Co lifted its stake in Royce Value Trust by 1.5% during the second quarter. Stolper Co now owns 46,475 shares of the financial services provider’s stock worth $672,000 after purchasing an additional 707 shares during the last quarter. 9258 Wealth Management LLC grew its position in shares of Royce Value Trust by 1.4% in the 2nd quarter. 9258 Wealth Management LLC now owns 53,052 shares of the financial services provider’s stock valued at $768,000 after buying an additional 729 shares during the last quarter. Beacon Financial Advisory LLC raised its stake in Royce Value Trust by 5.8% during the 3rd quarter. Beacon Financial Advisory LLC now owns 13,328 shares of the financial services provider’s stock worth $209,000 after acquiring an additional 734 shares in the last quarter. Prospera Financial Services Inc lifted its position in Royce Value Trust by 1.7% in the third quarter. Prospera Financial Services Inc now owns 48,547 shares of the financial services provider’s stock valued at $762,000 after acquiring an additional 800 shares during the last quarter. Finally, Focused Wealth Management Inc boosted its stake in Royce Value Trust by 1.6% in the third quarter. Focused Wealth Management Inc now owns 53,674 shares of the financial services provider’s stock valued at $843,000 after acquiring an additional 827 shares in the last quarter. 25.57% of the stock is owned by institutional investors and hedge funds.

Royce Value 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.