Royce Value Trust Inc (NYSE:RVT) Stake Increased by Thomas J. Herzfeld Advisors Inc.

Thomas J. Herzfeld Advisors Inc. increased its holdings in shares of Royce Value Trust Inc (NYSE:RVT) by 400.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 12,395 shares of the financial services provider’s stock after purchasing an additional 9,918 shares during the period. Thomas J. Herzfeld Advisors Inc.’s holdings in Royce Value Trust were worth $171,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. C J Advisory Inc acquired a new position in shares of Royce Value Trust during the 1st quarter worth about $30,000. Citigroup Inc. lifted its position in shares of Royce Value Trust by 298.7% during the 1st quarter. Citigroup Inc. now owns 2,464 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 1,846 shares during the last quarter. Pinnacle Wealth Planning Services Inc. acquired a new position in shares of Royce Value Trust during the 4th quarter worth about $121,000. TrinityPoint Wealth LLC acquired a new position in shares of Royce Value Trust during the 4th quarter worth about $126,000. Finally, Hochman Cole Investment Advisors Inc. acquired a new position in shares of Royce Value Trust during the 1st quarter worth about $151,000. 22.76% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE RVT traded down $0.07 during trading hours on Friday, hitting $13.50. 168,964 shares of the company’s stock were exchanged, compared to its average volume of 235,400. Royce Value Trust Inc has a 1-year low of $10.94 and a 1-year high of $16.92.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 24th. Investors of record on Thursday, June 13th will be given a dividend of $0.28 per share. The ex-dividend date is Wednesday, June 12th. This represents a $1.12 annualized dividend and a dividend yield of 8.30%.

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Royce Value Trust Company 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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