Royce Value Trust Inc (RVT) Shares Bought by Wedbush Securities Inc.

Wedbush Securities Inc. increased its stake in Royce Value Trust Inc (NYSE:RVT) by 18.0% in the third quarter, HoldingsChannel.com reports. The firm owned 33,855 shares of the financial services provider’s stock after purchasing an additional 5,173 shares during the quarter. Wedbush Securities Inc.’s holdings in Royce Value Trust were worth $554,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Morgan Stanley boosted its stake in shares of Royce Value Trust by 0.3% during the 2nd quarter. Morgan Stanley now owns 4,325,758 shares of the financial services provider’s stock worth $68,348,000 after buying an additional 14,960 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Royce Value Trust by 6.0% during the 3rd quarter. Wells Fargo & Company MN now owns 1,638,990 shares of the financial services provider’s stock worth $26,797,000 after buying an additional 93,077 shares during the last quarter. Raymond James & Associates boosted its stake in shares of Royce Value Trust by 13.8% during the 2nd quarter. Raymond James & Associates now owns 1,151,732 shares of the financial services provider’s stock worth $18,197,000 after buying an additional 139,745 shares during the last quarter. CLS Investments LLC boosted its stake in shares of Royce Value Trust by 36.6% during the 3rd quarter. CLS Investments LLC now owns 421,477 shares of the financial services provider’s stock worth $6,891,000 after buying an additional 112,991 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its stake in shares of Royce Value Trust by 81.0% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 366,128 shares of the financial services provider’s stock worth $5,986,000 after buying an additional 163,896 shares during the last quarter. 21.07% of the stock is owned by hedge funds and other institutional investors.

Royce Value Trust stock opened at $13.43 on Friday. Royce Value Trust Inc has a one year low of $13.36 and a one year high of $17.18.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 27th. Stockholders of record on Thursday, December 13th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 11.02%. This is an increase from Royce Value Trust’s previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, December 12th.

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Royce Value Trust Profile

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.

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

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