GWN Securities Inc. Makes New Investment in Royce Value Trust Inc. (NYSE:RVT)

GWN Securities Inc. acquired a new position in Royce Value Trust Inc. (NYSE:RVT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 11,235 shares of the financial services provider’s stock, valued at approximately $187,000.

Several other institutional investors and hedge funds have also bought and sold shares of RVT. Commonwealth Equity Services LLC increased its stake in shares of Royce Value Trust by 0.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 140,012 shares of the financial services provider’s stock valued at $2,212,000 after purchasing an additional 933 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of Royce Value Trust by 5.9% during the fourth quarter. HighTower Advisors LLC now owns 144,253 shares of the financial services provider’s stock valued at $2,279,000 after purchasing an additional 7,985 shares in the last quarter. Vista Investment Partners II LLC bought a new position in shares of Royce Value Trust during the fourth quarter valued at approximately $367,000. Independent Advisor Alliance bought a new position in shares of Royce Value Trust during the fourth quarter valued at approximately $218,000. Finally, PNC Financial Services Group Inc. increased its stake in shares of Royce Value Trust by 27.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 12,688 shares of the financial services provider’s stock valued at $200,000 after purchasing an additional 2,719 shares in the last quarter. 25.57% of the stock is currently owned by hedge funds and other institutional investors.

Royce Value Trust Stock Up 0.0 %

Shares of NYSE RVT opened at $14.34 on Wednesday. Royce Value Trust Inc. has a fifty-two week low of $13.78 and a fifty-two week high of $16.93. The company has a 50 day simple moving average of $15.68 and a two-hundred day simple moving average of $15.74.

Royce Value Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.37%. The ex-dividend date of this dividend is Thursday, March 13th.

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.