David J Yvars Group Sells 1,700 Shares of Royce Value Trust Inc. (NYSE:RVT)

David J Yvars Group lessened its stake in Royce Value Trust Inc. (NYSE:RVT) by 5.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,819 shares of the financial services provider’s stock after selling 1,700 shares during the quarter. David J Yvars Group’s holdings in Royce Value Trust were worth $438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Raymond James & Associates raised its holdings in Royce Value Trust by 5.5% in the third quarter. Raymond James & Associates now owns 1,502,749 shares of the financial services provider’s stock worth $23,593,000 after buying an additional 78,601 shares during the last quarter. Stifel Financial Corp raised its holdings in Royce Value Trust by 10.0% in the 3rd quarter. Stifel Financial Corp now owns 775,846 shares of the financial services provider’s stock worth $12,181,000 after acquiring an additional 70,449 shares during the last quarter. Cornerstone Advisors LLC raised its holdings in Royce Value Trust by 62.0% in the 2nd quarter. Cornerstone Advisors LLC now owns 734,489 shares of the financial services provider’s stock worth $10,628,000 after acquiring an additional 281,199 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in Royce Value Trust by 14.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 386,499 shares of the financial services provider’s stock valued at $6,068,000 after acquiring an additional 48,700 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its stake in Royce Value Trust by 1,603.2% during the 3rd quarter. International Assets Investment Management LLC now owns 370,774 shares of the financial services provider’s stock valued at $5,821,000 after purchasing an additional 349,005 shares during the last quarter. Institutional investors own 25.57% of the company’s stock.

Royce Value Trust Stock Performance

RVT stock opened at $15.59 on Tuesday. Royce Value Trust Inc. has a 1-year low of $13.67 and a 1-year high of $16.93. The business has a fifty day moving average price of $16.14 and a 200-day moving average price of $15.56.

Royce Value Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Thursday, December 12th were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 11.29%. The ex-dividend date of this dividend was Thursday, December 12th.

About Royce Value Trust

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.