Rothschild Investment LLC Boosts Position in Royce Value Trust Inc. (NYSE:RVT)

Rothschild Investment LLC increased its holdings in shares of Royce Value Trust Inc. (NYSE:RVT) by 9.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 195,061 shares of the financial services provider’s stock after acquiring an additional 16,637 shares during the quarter. Rothschild Investment LLC’s holdings in Royce Value Trust were worth $3,082,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Stifel Financial Corp lifted its stake in Royce Value Trust by 10.0% during the third quarter. Stifel Financial Corp now owns 775,846 shares of the financial services provider’s stock worth $12,181,000 after purchasing an additional 70,449 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Royce Value Trust by 2.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider’s stock valued at $6,949,000 after buying an additional 11,777 shares during the last quarter. Waterfront Wealth Inc. lifted its stake in Royce Value Trust by 5.8% in the fourth quarter. Waterfront Wealth Inc. now owns 426,902 shares of the financial services provider’s stock valued at $6,745,000 after buying an additional 23,238 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Royce Value Trust by 14.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 386,499 shares of the financial services provider’s stock valued at $6,068,000 after buying an additional 48,700 shares during the last quarter. 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 during the last quarter. Hedge funds and other institutional investors own 25.57% of the company’s stock.

Royce Value Trust Price Performance

NYSE:RVT opened at $15.72 on Monday. The stock’s 50 day simple moving average is $16.01 and its 200-day simple moving average is $15.79. Royce Value Trust Inc. has a 12-month low of $13.78 and a 12-month high of $16.93.

Royce Value Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Thursday, December 12th were issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 11.20%. The ex-dividend date of this dividend 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.