Raymond James & Associates Cuts Stock Position in Royce Value Trust Inc. (NYSE:RVT)

Raymond James & Associates lessened its holdings in Royce Value Trust Inc. (NYSE:RVTGet Rating) by 2.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,766,834 shares of the financial services provider’s stock after selling 38,755 shares during the period. Raymond James & Associates’ holdings in Royce Value Trust were worth $22,174,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Bank of America Corp DE grew its position in shares of Royce Value Trust by 4.7% during the first quarter. Bank of America Corp DE now owns 3,978,692 shares of the financial services provider’s stock valued at $67,598,000 after purchasing an additional 178,844 shares in the last quarter. UBS Group AG grew its position in shares of Royce Value Trust by 5.0% during the first quarter. UBS Group AG now owns 1,659,989 shares of the financial services provider’s stock valued at $28,203,000 after purchasing an additional 78,783 shares in the last quarter. Royal Bank of Canada grew its position in shares of Royce Value Trust by 7.9% during the first quarter. Royal Bank of Canada now owns 965,909 shares of the financial services provider’s stock valued at $16,411,000 after purchasing an additional 70,907 shares in the last quarter. Advisors Asset Management Inc. grew its position in shares of Royce Value Trust by 0.5% during the second quarter. Advisors Asset Management Inc. now owns 778,371 shares of the financial services provider’s stock valued at $10,874,000 after purchasing an additional 3,795 shares in the last quarter. Finally, LPL Financial LLC grew its position in shares of Royce Value Trust by 2.7% during the second quarter. LPL Financial LLC now owns 660,264 shares of the financial services provider’s stock valued at $9,224,000 after purchasing an additional 17,356 shares in the last quarter. Hedge funds and other institutional investors own 23.06% of the company’s stock.

Royce Value Trust Stock Performance

Shares of Royce Value Trust stock opened at $13.60 on Friday. The business has a 50-day moving average price of $14.04 and a 200-day moving average price of $14.28. Royce Value Trust Inc. has a twelve month low of $12.24 and a twelve month high of $19.18.

Royce Value Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 23rd. Investors of record on Monday, December 12th were given a $0.29 dividend. The ex-dividend date was Friday, December 9th. This represents a $1.16 annualized dividend and a yield of 8.53%.

About Royce Value Trust

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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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