263,906 Shares in Royce Value Trust Inc. (NYSE:RVT) Acquired by Cetera Advisors LLC

Cetera Advisors LLC purchased a new stake in Royce Value Trust Inc. (NYSE:RVT) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 263,906 shares of the financial services provider’s stock, valued at approximately $4,003,000.

Other large investors also recently made changes to their positions in the company. Cetera Investment Advisers grew its position in shares of Royce Value Trust by 20.3% in the first quarter. Cetera Investment Advisers now owns 290,215 shares of the financial services provider’s stock valued at $4,403,000 after purchasing an additional 48,907 shares during the period. Atria Investments Inc increased its stake in shares of Royce Value Trust by 3.6% during the 1st quarter. Atria Investments Inc now owns 85,629 shares of the financial services provider’s stock valued at $1,299,000 after acquiring an additional 2,988 shares during the last quarter. Comerica Bank increased its stake in shares of Royce Value Trust by 5.0% during the 1st quarter. Comerica Bank now owns 94,211 shares of the financial services provider’s stock valued at $1,429,000 after acquiring an additional 4,477 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in shares of Royce Value Trust by 7.9% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 15,517 shares of the financial services provider’s stock worth $235,000 after acquiring an additional 1,133 shares during the period. Finally, Lazard Asset Management LLC boosted its position in shares of Royce Value Trust by 62.5% in the first quarter. Lazard Asset Management LLC now owns 384,792 shares of the financial services provider’s stock worth $5,837,000 after acquiring an additional 147,935 shares during the last quarter. Hedge funds and other institutional investors own 25.57% of the company’s stock.

Royce Value Trust Price Performance

Royce Value Trust stock traded down $0.69 during trading on Friday, reaching $14.95. The company had a trading volume of 596,773 shares, compared to its average volume of 283,181. Royce Value Trust Inc. has a 12-month low of $11.85 and a 12-month high of $16.16. The stock’s 50 day moving average price is $14.85 and its two-hundred day moving average price is $14.64.

Royce Value Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 24th. Stockholders of record on Thursday, June 13th were paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Thursday, June 13th. This is a boost from Royce Value Trust’s previous quarterly dividend of $0.27. This represents a $1.12 annualized dividend and a dividend yield of 7.49%.

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.