Royce Value Trust Inc. (NYSE:RVT) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lowered its stake in shares of Royce Value Trust Inc. (NYSE:RVT) by 11.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,056 shares of the financial services provider’s stock after selling 3,456 shares during the period. Atria Wealth Solutions Inc.’s holdings in Royce Value Trust were worth $409,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James & Associates grew its holdings in shares of Royce Value Trust by 3.1% during the fourth quarter. Raymond James & Associates now owns 1,677,821 shares of the financial services provider’s stock worth $24,429,000 after buying an additional 50,835 shares in the last quarter. UBS Group AG lifted its stake in shares of Royce Value Trust by 13.4% during the 3rd quarter. UBS Group AG now owns 923,696 shares of the financial services provider’s stock worth $11,888,000 after purchasing an additional 108,967 shares during the period. LPL Financial LLC boosted its holdings in shares of Royce Value Trust by 1.0% during the third quarter. LPL Financial LLC now owns 897,831 shares of the financial services provider’s stock worth $11,555,000 after purchasing an additional 8,696 shares during the last quarter. Cornerstone Advisors LLC grew its position in shares of Royce Value Trust by 84.4% in the third quarter. Cornerstone Advisors LLC now owns 622,006 shares of the financial services provider’s stock valued at $8,005,000 after purchasing an additional 284,691 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in Royce Value Trust by 39.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 423,062 shares of the financial services provider’s stock valued at $6,160,000 after purchasing an additional 120,150 shares during the last quarter. Hedge funds and other institutional investors own 25.57% of the company’s stock.

Royce Value Trust Price Performance

Shares of NYSE:RVT opened at $14.74 on Tuesday. The stock’s 50-day moving average price is $14.51 and its two-hundred day moving average price is $13.98. Royce Value Trust Inc. has a 12-month low of $11.85 and a 12-month high of $15.24.

Royce Value Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Monday, March 11th were issued a $0.27 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a $1.08 dividend on an annualized basis and a yield of 7.33%.

Insider Buying and Selling

In related news, VP Francis D. Gannon acquired 2,000 shares of the stock in a transaction dated Thursday, March 21st. The stock was bought at an average cost of $14.76 per share, with a total value of $29,520.00. Following the purchase, the vice president now directly owns 2,000 shares of the company’s stock, valued at $29,520. The transaction was disclosed in a filing with the SEC, which is available through this link. In other news, VP Francis D. Gannon bought 2,000 shares of Royce Value Trust stock in a transaction that occurred on Thursday, March 21st. The shares were purchased at an average price of $14.76 per share, for a total transaction of $29,520.00. Following the completion of the acquisition, the vice president now owns 2,000 shares of the company’s stock, valued at $29,520. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, President Christopher D. Clark purchased 3,300 shares of the stock in a transaction on Thursday, March 21st. The shares were purchased at an average cost of $14.76 per share, with a total value of $48,708.00. Following the transaction, the president now owns 31,489 shares of the company’s stock, valued at approximately $464,777.64. The disclosure for this purchase can be found here. 0.06% of the stock is currently owned by company insiders.

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.