Royce Value Trust (NYSE:RVT) Sees Strong Trading Volume

Shares of Royce Value Trust Inc. (NYSE:RVT) saw an uptick in trading volume on Monday . 91,333 shares were traded during trading, a decline of 60% from the previous session’s volume of 226,880 shares.The stock last traded at $15.69 and had previously closed at $15.48.

Royce Value Trust Stock Down 0.6 %

The firm has a 50 day moving average price of $14.98 and a 200 day moving average price of $14.73.

Royce Value Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 24th. Investors of record on Thursday, June 13th were given a $0.28 dividend. This is a positive change from Royce Value Trust’s previous quarterly dividend of $0.27. This represents a $1.12 dividend on an annualized basis and a yield of 7.23%. The ex-dividend date was Thursday, June 13th.

Insider Buying and Selling at Royce Value Trust

In other news, President Christopher D. Clark acquired 3,400 shares of Royce Value Trust stock in a transaction on Friday, August 16th. The stock was acquired at an average cost of $15.20 per share, with a total value of $51,680.00. Following the transaction, the president now owns 36,057 shares of the company’s stock, valued at approximately $548,066.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. International Assets Investment Management LLC boosted its holdings in shares of Royce Value Trust by 11.2% in the 4th quarter. International Assets Investment Management LLC now owns 21,492 shares of the financial services provider’s stock worth $313,000 after buying an additional 2,168 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in shares of Royce Value Trust by 12.6% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 83,853 shares of the financial services provider’s stock worth $1,221,000 after purchasing an additional 9,404 shares during the last quarter. 9258 Wealth Management LLC increased its stake in shares of Royce Value Trust by 2.0% during the 4th quarter. 9258 Wealth Management LLC now owns 51,857 shares of the financial services provider’s stock worth $755,000 after purchasing an additional 1,034 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of Royce Value Trust by 17.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 14,700 shares of the financial services provider’s stock worth $214,000 after purchasing an additional 2,137 shares during the period. Finally, Private Advisor Group LLC lifted its stake in Royce Value Trust by 3.0% in the fourth quarter. Private Advisor Group LLC now owns 106,675 shares of the financial services provider’s stock valued at $1,553,000 after purchasing an additional 3,156 shares during the last quarter. Hedge funds and other institutional investors own 25.57% of the company’s stock.

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.