David J Yvars Group Sells 1,995 Shares of Royce Value Trust Inc. (NYSE:RVT)

David J Yvars Group cut its holdings in shares of Royce Value Trust Inc. (NYSE:RVT) by 6.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,519 shares of the financial services provider’s stock after selling 1,995 shares during the period. David J Yvars Group’s holdings in Royce Value Trust were worth $461,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. ESL Trust Services LLC bought a new stake in Royce Value Trust during the 1st quarter valued at $39,000. Future Financial Wealth Managment LLC bought a new position in Royce Value Trust in the third quarter worth about $78,000. J.W. Cole Advisors Inc. purchased a new stake in shares of Royce Value Trust during the second quarter valued at about $145,000. Calamos Advisors LLC purchased a new position in shares of Royce Value Trust in the 2nd quarter worth approximately $155,000. Finally, Creative Planning raised its stake in shares of Royce Value Trust by 7.7% during the 3rd quarter. Creative Planning now owns 11,791 shares of the financial services provider’s stock worth $185,000 after acquiring an additional 842 shares in the last quarter. 25.57% of the stock is currently owned by institutional investors.

Royce Value Trust Stock Performance

Shares of RVT opened at $16.31 on Thursday. The company has a 50 day moving average of $15.40 and a two-hundred day moving average of $15.03. Royce Value Trust Inc. has a twelve month low of $12.22 and a twelve month high of $16.33.

Royce Value Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Friday, September 13th were paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.12 annualized dividend and a yield of 6.87%.

Insider Activity at Royce Value Trust

In other Royce Value Trust news, President Christopher D. Clark purchased 3,400 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were acquired at an average price of $15.20 per share, for a total transaction of $51,680.00. Following the completion of the purchase, the president now owns 36,057 shares of the company’s stock, valued at approximately $548,066.40. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.06% of the stock is currently owned by corporate insiders.

Royce Value Trust 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.