Oppenheimer & Co. Inc. Sells 6,954 Shares of Royce Value Trust Inc. (NYSE:RVT)

Oppenheimer & Co. Inc. lessened its stake in shares of Royce Value Trust Inc. (NYSE:RVT) by 4.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 150,288 shares of the financial services provider’s stock after selling 6,954 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.13% of Royce Value Trust worth $2,360,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of RVT. Atlanta Consulting Group Advisors LLC purchased a new stake in shares of Royce Value Trust during the 1st quarter worth $652,000. Advisors Asset Management Inc. grew its position in shares of Royce Value Trust by 9.7% in the 1st quarter. Advisors Asset Management Inc. now owns 667,661 shares of the financial services provider’s stock worth $10,128,000 after buying an additional 59,308 shares during the last quarter. Lazard Asset Management LLC grew its position in shares of Royce Value Trust by 62.5% in the 1st quarter. Lazard Asset Management LLC now owns 384,792 shares of the financial services provider’s stock worth $5,837,000 after buying an additional 147,935 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its position in Royce Value Trust by 7.9% during the first quarter. B. Riley Wealth Advisors Inc. now owns 15,517 shares of the financial services provider’s stock valued at $235,000 after acquiring an additional 1,133 shares during the last quarter. Finally, Comerica Bank boosted its stake in Royce Value Trust by 5.0% in the first 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 in the last quarter. Institutional investors own 25.57% of the company’s stock.

Royce Value Trust Stock Down 1.0 %

NYSE RVT opened at $15.93 on Friday. The firm’s fifty day simple moving average is $15.58 and its two-hundred day simple moving average is $15.14. Royce Value Trust Inc. has a 12-month low of $12.78 and a 12-month high of $16.93.

Royce Value Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Friday, September 13th were given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 7.03%. The ex-dividend date was Friday, September 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.