CLS Investments LLC Acquires 18,372 Shares of Royce Value Trust Inc (RVT)

CLS Investments LLC raised its holdings in Royce Value Trust Inc (NYSE:RVT) by 6.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 317,864 shares of the financial services provider’s stock after purchasing an additional 18,372 shares during the period. CLS Investments LLC owned 0.38% of Royce Value Trust worth $5,019,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Private Advisor Group LLC increased its stake in shares of Royce Value Trust by 31.7% in the third quarter. Private Advisor Group LLC now owns 18,185 shares of the financial services provider’s stock worth $289,000 after purchasing an additional 4,379 shares in the last quarter. Stifel Financial Corp increased its stake in shares of Royce Value Trust by 8.3% in the third quarter. Stifel Financial Corp now owns 282,094 shares of the financial services provider’s stock worth $4,479,000 after purchasing an additional 21,584 shares in the last quarter. Wells Fargo & Company MN grew its stake in Royce Value Trust by 54.2% during the third quarter. Wells Fargo & Company MN now owns 1,892,927 shares of the financial services provider’s stock valued at $29,889,000 after acquiring an additional 665,698 shares in the last quarter. D.A. Davidson & CO. grew its stake in Royce Value Trust by 18.4% during the third quarter. D.A. Davidson & CO. now owns 121,119 shares of the financial services provider’s stock valued at $1,912,000 after acquiring an additional 18,811 shares in the last quarter. Finally, Spectrum Management Group Inc. purchased a new position in Royce Value Trust during the third quarter valued at approximately $597,000. Hedge funds and other institutional investors own 22.59% of the company’s stock.

Shares of Royce Value Trust Inc (NYSE:RVT) traded up $0.07 during trading hours on Friday, reaching $15.90. 167,000 shares of the company traded hands, compared to its average volume of 260,381. Royce Value Trust Inc has a 12 month low of $13.03 and a 12 month high of $16.24.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 27th. Investors of record on Wednesday, December 13th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $1.40 annualized dividend and a yield of 8.81%. This is a boost from Royce Value Trust’s previous quarterly dividend of $0.28.

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About Royce Value Trust

Royce Value Trust, Inc is a diversified, closed-end investment company. The Fund invests primarily in small-cap securities. The Fund’s portfolio of investments includes industrials, financials, information technology, materials, healthcare, consumer discretionary, energy, consumer staples, real estate and telecommunication services.

Institutional Ownership by Quarter for Royce Value Trust (NYSE:RVT)

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