Royce Value Trust Inc. (NYSE:RVT) Shares Sold by Tradition Wealth Management LLC

Tradition Wealth Management LLC trimmed its position in shares of Royce Value Trust Inc. (NYSE:RVT) by 11.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,053 shares of the financial services provider’s stock after selling 2,478 shares during the period. Tradition Wealth Management LLC’s holdings in Royce Value Trust were worth $299,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Stolper Co increased its holdings in shares of Royce Value Trust by 1.5% in the 2nd quarter. Stolper Co now owns 46,475 shares of the financial services provider’s stock valued at $672,000 after acquiring an additional 707 shares during the last quarter. 9258 Wealth Management LLC boosted its holdings in Royce Value Trust by 1.4% in the second quarter. 9258 Wealth Management LLC now owns 53,052 shares of the financial services provider’s stock valued at $768,000 after purchasing an additional 729 shares in the last quarter. Beacon Financial Advisory LLC increased its stake in Royce Value Trust by 5.8% in the third quarter. Beacon Financial Advisory LLC now owns 13,328 shares of the financial services provider’s stock valued at $209,000 after purchasing an additional 734 shares during the last quarter. Prospera Financial Services Inc increased its stake in Royce Value Trust by 1.7% in the third quarter. Prospera Financial Services Inc now owns 48,547 shares of the financial services provider’s stock valued at $762,000 after purchasing an additional 800 shares during the last quarter. Finally, Focused Wealth Management Inc raised its holdings in Royce Value Trust by 1.6% during the third quarter. Focused Wealth Management Inc now owns 53,674 shares of the financial services provider’s stock worth $843,000 after purchasing an additional 827 shares in the last quarter. Institutional investors and hedge funds own 25.57% of the company’s stock.

Royce Value Trust Stock Performance

Shares of Royce Value Trust stock opened at $16.65 on Monday. The company has a fifty day simple moving average of $15.84 and a 200-day simple moving average of $15.26. Royce Value Trust Inc. has a 12-month low of $13.24 and a 12-month high of $16.93.

Royce Value Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Friday, September 13th were paid a $0.28 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.12 annualized dividend and a yield of 6.73%.

Royce Value Trust 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.