Dover Advisors LLC Makes New $228,000 Investment in Royce Value Trust Inc. (NYSE:RVT)

Dover Advisors LLC bought a new position in Royce Value Trust Inc. (NYSE:RVT) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 14,400 shares of the financial services provider’s stock, valued at approximately $228,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Beacon Financial Advisory LLC grew its holdings in shares of Royce Value Trust by 5.8% during the 3rd quarter. Beacon Financial Advisory LLC now owns 13,328 shares of the financial services provider’s stock worth $209,000 after purchasing an additional 734 shares during the period. Prospera Financial Services Inc grew its holdings 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 purchasing an additional 800 shares during the period. Focused Wealth Management Inc grew its holdings 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 worth $843,000 after purchasing an additional 827 shares during the period. Creative Planning grew its holdings in shares of Royce Value Trust by 7.7% during the 3rd quarter. Creative Planning now owns 11,791 shares of the financial services provider’s stock worth $185,000 after purchasing an additional 842 shares during the period. Finally, Alexander Randolph Advisory Inc. boosted its holdings in Royce Value Trust by 2.9% during the 4th quarter. Alexander Randolph Advisory Inc. now owns 30,963 shares of the financial services provider’s stock valued at $489,000 after acquiring an additional 871 shares during the period. 25.57% of the stock is owned by institutional investors and hedge funds.

Royce Value Trust Stock Performance

Shares of Royce Value Trust stock opened at $15.72 on Monday. The business has a 50-day moving average of $16.01 and a 200 day moving average of $15.79. Royce Value Trust Inc. has a 12 month low of $13.78 and a 12 month high of $16.93.

Royce Value Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Thursday, December 12th were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 11.20%. The ex-dividend date of this dividend was 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.