Advisors Asset Management Inc. Acquires 59,308 Shares of Royce Value Trust Inc. (NYSE:RVT)

Advisors Asset Management Inc. increased its holdings in Royce Value Trust Inc. (NYSE:RVT) by 9.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 667,661 shares of the financial services provider’s stock after purchasing an additional 59,308 shares during the period. Advisors Asset Management Inc. owned approximately 0.60% of Royce Value Trust worth $10,128,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Raymond James & Associates boosted its holdings in Royce Value Trust by 3.1% in the 4th quarter. Raymond James & Associates now owns 1,677,821 shares of the financial services provider’s stock valued at $24,429,000 after purchasing an additional 50,835 shares during the period. Realta Investment Advisors increased its stake in Royce Value Trust by 4.4% during the fourth quarter. Realta Investment Advisors now owns 44,262 shares of the financial services provider’s stock valued at $644,000 after acquiring an additional 1,863 shares during the period. All Season Financial Advisors Inc. raised its holdings in Royce Value Trust by 50.2% in the 4th quarter. All Season Financial Advisors Inc. now owns 41,003 shares of the financial services provider’s stock valued at $597,000 after acquiring an additional 13,697 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of Royce Value Trust by 1,519.3% in the 4th quarter. International Assets Investment Management LLC now owns 312,923 shares of the financial services provider’s stock worth $4,556,000 after acquiring an additional 293,599 shares during the period. Finally, Allworth Financial LP acquired a new stake in shares of Royce Value Trust during the 4th quarter worth approximately $153,000. 25.57% of the stock is owned by institutional investors and hedge funds.

Royce Value Trust Stock Performance

Shares of NYSE RVT traded up $0.08 during trading hours on Friday, reaching $15.70. The stock had a trading volume of 250,167 shares, compared to its average volume of 222,391. Royce Value Trust Inc. has a twelve month low of $11.85 and a twelve month high of $15.98. The business’s fifty day moving average is $14.78 and its two-hundred day moving average is $14.57.

Royce Value Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 24th. Shareholders of record on Thursday, June 13th were paid a dividend of $0.28 per share. This is a positive change from Royce Value Trust’s previous quarterly dividend of $0.27. This represents a $1.12 annualized dividend and a yield of 7.13%. The ex-dividend date was Thursday, June 13th.

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.