Royce Value Trust Inc. (NYSE:RVT) Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its stake in Royce Value Trust Inc. (NYSE:RVT) by 1.9% in the third quarter, HoldingsChannel reports. The fund owned 211,925 shares of the financial services provider’s stock after purchasing an additional 3,854 shares during the period. Sanctuary Advisors LLC’s holdings in Royce Value Trust were worth $3,493,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of RVT. Stolper Co lifted its stake 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 valued at $672,000 after purchasing an additional 707 shares during the period. 9258 Wealth Management LLC raised its position in shares of Royce Value Trust by 1.4% in the second 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 period. Beacon Financial Advisory LLC raised its position in shares of Royce Value Trust by 5.8% in the third 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 period. Prospera Financial Services Inc boosted its stake in shares of 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 acquiring an additional 800 shares in the last quarter. Finally, Focused Wealth Management Inc grew its position in shares of 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 valued at $843,000 after acquiring an additional 827 shares during the period. Hedge funds and other institutional investors own 25.57% of the company’s stock.

Royce Value Trust Stock Performance

Shares of Royce Value Trust stock opened at $15.93 on Tuesday. The business has a 50-day moving average price of $16.05 and a 200 day moving average price of $15.38. Royce Value Trust Inc. has a twelve month low of $13.67 and a twelve month high of $16.93.

Royce Value Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Thursday, December 12th will be paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 11.05%. The ex-dividend date of this dividend is Thursday, December 12th.

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.