Mezzasalma Advisors LLC Buys Shares of 23,970 Royce Value Trust Inc. (NYSE:RVT)

Mezzasalma Advisors LLC purchased a new position in shares of Royce Value Trust Inc. (NYSE:RVT) during the fourth quarter, HoldingsChannel reports. The fund purchased 23,970 shares of the financial services provider’s stock, valued at approximately $379,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Benjamin Edwards Inc. acquired a new position in Royce Value Trust in the third quarter valued at about $1,505,000. Stifel Financial Corp grew its position in shares of Royce Value Trust by 10.0% in the 3rd quarter. Stifel Financial Corp now owns 775,846 shares of the financial services provider’s stock valued at $12,181,000 after purchasing an additional 70,449 shares during the period. Creative Planning increased its stake in Royce Value Trust by 7.7% during the 3rd quarter. Creative Planning now owns 11,791 shares of the financial services provider’s stock worth $185,000 after purchasing an additional 842 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Royce Value Trust by 2.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider’s stock worth $6,949,000 after buying an additional 11,777 shares during the period. Finally, International Assets Investment Management LLC lifted its stake in Royce Value Trust by 1,603.2% in the third quarter. International Assets Investment Management LLC now owns 370,774 shares of the financial services provider’s stock valued at $5,821,000 after buying an additional 349,005 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 NYSE:RVT opened at $16.13 on Friday. Royce Value Trust Inc. has a 12 month low of $13.78 and a 12 month high of $16.93. The company’s fifty day simple moving average is $16.13 and its 200 day simple moving average is $15.73.

Royce Value Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Thursday, December 12th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 10.91%. The ex-dividend date was Thursday, December 12th.

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.