Vista Investment Partners II LLC Invests $367,000 in Royce Value Trust Inc. (NYSE:RVT)

Vista Investment Partners II LLC bought a new position in Royce Value Trust Inc. (NYSE:RVT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 23,247 shares of the financial services provider’s stock, valued at approximately $367,000.

Several other large investors have also recently bought and sold shares of RVT. Raymond James Financial Inc. acquired a new position in shares of Royce Value Trust in the fourth quarter valued at approximately $48,539,000. Stifel Financial Corp raised its stake in shares of Royce Value Trust by 10.0% during the third quarter. Stifel Financial Corp now owns 775,846 shares of the financial services provider’s stock valued at $12,181,000 after acquiring an additional 70,449 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Royce Value Trust by 2.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider’s stock worth $6,949,000 after acquiring an additional 11,777 shares during the last quarter. Waterfront Wealth Inc. raised its position in shares of Royce Value Trust by 5.8% in the 4th quarter. Waterfront Wealth Inc. now owns 426,902 shares of the financial services provider’s stock worth $6,745,000 after acquiring an additional 23,238 shares in the last quarter. Finally, D.A. Davidson & CO. increased its holdings in Royce Value Trust by 2.4% in the fourth quarter. D.A. Davidson & CO. now owns 223,093 shares of the financial services provider’s stock worth $3,525,000 after purchasing an additional 5,149 shares in the last quarter. 25.57% of the stock is currently owned by institutional investors.

Royce Value Trust Stock Performance

NYSE:RVT opened at $14.70 on Monday. Royce Value Trust Inc. has a 12 month low of $13.78 and a 12 month high of $16.93. The firm has a fifty day simple moving average of $15.88 and a two-hundred day simple moving average of $15.80.

Royce Value Trust Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Thursday, March 13th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 8.16%. The ex-dividend date of this dividend is Thursday, March 13th.

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.