Moors & Cabot Inc. Acquires 7,061 Shares of Royce Value Trust Inc. (NYSE:RVT)

Moors & Cabot Inc. boosted its holdings in Royce Value Trust Inc. (NYSE:RVT) by 54.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,000 shares of the financial services provider’s stock after purchasing an additional 7,061 shares during the period. Moors & Cabot Inc.’s holdings in Royce Value Trust were worth $31,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. NEXT Financial Group Inc bought a new position in shares of Royce Value Trust in the 3rd quarter worth approximately $41,000. Spire Wealth Management grew its holdings in Royce Value Trust by 41.4% during the 3rd quarter. Spire Wealth Management now owns 2,391 shares of the financial services provider’s stock valued at $43,000 after buying an additional 700 shares in the last quarter. Parisi Gray Wealth Management bought a new stake in shares of Royce Value Trust during the 2nd quarter worth approximately $165,000. FNY Investment Advisers LLC increased its holdings in shares of Royce Value Trust by 70.8% in the 3rd quarter. FNY Investment Advisers LLC now owns 10,250 shares of the financial services provider’s stock valued at $184,000 after acquiring an additional 4,250 shares during the period. Finally, Citadel Advisors LLC purchased a new position in Royce Value Trust during the 2nd quarter worth $199,000. Institutional investors and hedge funds own 27.06% of the company’s stock.

NYSE:RVT opened at $18.47 on Friday. Royce Value Trust Inc. has a 12 month low of $16.09 and a 12 month high of $20.00. The stock has a 50 day moving average of $19.01 and a two-hundred day moving average of $18.72.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 23rd. Investors of record on Monday, December 13th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 10.40%. The ex-dividend date was Friday, December 10th.

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.

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Institutional Ownership by Quarter for Royce Value Trust (NYSE:RVT)

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