Stolper Co boosted its holdings in Royce Value Trust Inc. (NYSE:RVT – Free Report) by 1.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 46,475 shares of the financial services provider’s stock after acquiring an additional 707 shares during the quarter. Stolper Co’s holdings in Royce Value Trust were worth $672,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. HBK Sorce Advisory LLC lifted its holdings in shares of Royce Value Trust by 6.8% in the second quarter. HBK Sorce Advisory LLC now owns 14,869 shares of the financial services provider’s stock valued at $215,000 after purchasing an additional 946 shares in the last quarter. Private Advisor Group LLC lifted its stake in Royce Value Trust by 13.8% during the 2nd quarter. Private Advisor Group LLC now owns 128,957 shares of the financial services provider’s stock valued at $1,866,000 after acquiring an additional 15,654 shares in the last quarter. Blue Bell Private Wealth Management LLC boosted its holdings in Royce Value Trust by 13.3% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 460,923 shares of the financial services provider’s stock worth $6,670,000 after acquiring an additional 54,097 shares during the last quarter. 9258 Wealth Management LLC grew its stake in shares of Royce Value Trust by 1.4% in the 2nd quarter. 9258 Wealth Management LLC now owns 53,052 shares of the financial services provider’s stock worth $768,000 after acquiring an additional 729 shares in the last quarter. Finally, SouthState Corp purchased a new stake in shares of Royce Value Trust in the second quarter valued at about $275,000. Institutional investors and hedge funds own 25.57% of the company’s stock.
Insider Activity at Royce Value Trust
In other Royce Value Trust news, President Christopher D. Clark acquired 3,400 shares of the business’s stock in a transaction on Friday, August 16th. The shares were acquired at an average price of $15.20 per share, with a total value of $51,680.00. Following the completion of the transaction, the president now owns 36,057 shares in the company, valued at $548,066.40. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.06% of the stock is currently owned by company insiders.
Royce Value Trust Stock Performance
Royce Value Trust Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 23rd. Stockholders of record on Friday, September 13th will be issued a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 7.45%. The ex-dividend date of this dividend is Friday, September 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.
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