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

D.A. Davidson & CO. trimmed its position in Royce Value Trust Inc. (NYSE:RVT) by 0.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 217,944 shares of the financial services provider’s stock after selling 1,786 shares during the quarter. D.A. Davidson & CO. owned about 0.19% of Royce Value Trust worth $3,422,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Stolper Co lifted its holdings in shares of Royce Value Trust by 1.5% in the 2nd quarter. Stolper Co now owns 46,475 shares of the financial services provider’s stock worth $672,000 after acquiring an additional 707 shares during the last quarter. 9258 Wealth Management LLC lifted its holdings 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 during the last quarter. Beacon Financial Advisory LLC lifted its holdings in shares of Royce Value Trust by 5.8% in the 3rd quarter. Beacon Financial Advisory LLC now owns 13,328 shares of the financial services provider’s stock worth $209,000 after acquiring an additional 734 shares during the last quarter. Prospera Financial Services Inc lifted its holdings in Royce Value Trust by 1.7% during the 3rd quarter. Prospera Financial Services Inc now owns 48,547 shares of the financial services provider’s stock worth $762,000 after buying an additional 800 shares in the last quarter. Finally, Focused Wealth Management Inc lifted its holdings in Royce Value Trust by 1.6% during the 3rd quarter. Focused Wealth Management Inc now owns 53,674 shares of the financial services provider’s stock worth $843,000 after buying an additional 827 shares in the last quarter. 25.57% of the stock is currently owned by institutional investors and hedge funds.

Royce Value Trust Trading Down 0.6 %

Royce Value Trust stock opened at $16.64 on Friday. Royce Value Trust Inc. has a 52-week low of $13.11 and a 52-week high of $16.93. The company’s 50 day moving average is $15.82 and its two-hundred day moving average is $15.25.

Royce Value Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Friday, September 13th were issued a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.12 dividend on an annualized basis and a yield of 6.73%.

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.