Allspring Global Investments Holdings LLC Increases Stock Holdings in Royce Value Trust Inc. (NYSE:RVT)

Allspring Global Investments Holdings LLC increased its holdings in shares of Royce Value Trust Inc. (NYSE:RVT) by 14.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 386,499 shares of the financial services provider’s stock after buying an additional 48,700 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Royce Value Trust were worth $6,068,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Quent Capital LLC acquired a new stake in shares of Royce Value Trust in the first quarter worth approximately $38,000. ESL Trust Services LLC purchased a new position in Royce Value Trust during the first quarter worth approximately $39,000. Salomon & Ludwin LLC acquired a new position in shares of Royce Value Trust in the 1st quarter valued at $50,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Royce Value Trust during the 3rd quarter valued at $78,000. Finally, J.W. Cole Advisors Inc. acquired a new stake in shares of Royce Value Trust during the 2nd quarter worth $145,000. 25.57% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Royce Value Trust

In other Royce Value Trust news, President Christopher D. Clark purchased 3,400 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The stock was purchased at an average cost of $15.20 per share, with a total value of $51,680.00. Following the transaction, the president now owns 36,057 shares in the company, valued at approximately $548,066.40. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.06% of the stock is currently owned by corporate insiders.

Royce Value Trust Stock Performance

Shares of NYSE:RVT opened at $15.38 on Monday. Royce Value Trust Inc. has a 12 month low of $11.85 and a 12 month high of $16.16. The business has a 50-day moving average of $15.39 and a two-hundred day moving average of $14.96.

Royce Value Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Friday, September 13th were issued a $0.28 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.12 annualized dividend and a yield of 7.28%.

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.