Royce Value Trust Inc. (NYSE:RVT) Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. grew its stake in Royce Value Trust Inc. (NYSE:RVT) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 223,093 shares of the financial services provider’s stock after buying an additional 5,149 shares during the quarter. D.A. Davidson & CO. owned 0.19% of Royce Value Trust worth $3,525,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Raymond James & Associates lifted its holdings in shares of Royce Value Trust by 5.5% in the 3rd quarter. Raymond James & Associates now owns 1,502,749 shares of the financial services provider’s stock valued at $23,593,000 after buying an additional 78,601 shares during the period. Stifel Financial Corp lifted its holdings in shares of 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 valued at $12,181,000 after buying an additional 70,449 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of Royce Value Trust by 2.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider’s stock valued at $6,949,000 after buying an additional 11,777 shares during the period. Allspring Global Investments Holdings LLC raised its holdings 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 worth $6,068,000 after purchasing an additional 48,700 shares during the period. Finally, International Assets Investment Management LLC raised its holdings in Royce Value Trust by 1,603.2% in the 3rd quarter. International Assets Investment Management LLC now owns 370,774 shares of the financial services provider’s stock worth $5,821,000 after purchasing an additional 349,005 shares during the period. Institutional investors and hedge funds own 25.57% of the company’s stock.

Royce Value Trust Stock Down 0.8 %

NYSE RVT opened at $16.00 on Friday. Royce Value Trust Inc. has a twelve month low of $13.78 and a twelve month high of $16.93. The stock has a 50-day moving average of $16.02 and a 200 day moving average of $15.77.

Royce Value Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Thursday, December 12th were issued a $0.44 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $1.76 dividend on an annualized basis and a yield of 11.00%.

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.