GWN Securities Inc. Purchases New Position in Royce Value Trust Inc. (NYSE:RVT)

GWN Securities Inc. purchased a new stake in shares of Royce Value Trust Inc. (NYSE:RVT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,235 shares of the financial services provider’s stock, valued at approximately $187,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. DAVENPORT & Co LLC bought a new stake in shares of Royce Value Trust during the fourth quarter valued at approximately $165,000. EP Wealth Advisors LLC bought a new stake in shares of Royce Value Trust during the third quarter valued at approximately $188,000. B&L Asset Management LLC bought a new stake in shares of Royce Value Trust during the third quarter valued at approximately $190,000. Atria Wealth Solutions Inc. increased its position in shares of Royce Value Trust by 18.4% during the fourth quarter. Atria Wealth Solutions Inc. now owns 12,230 shares of the financial services provider’s stock valued at $193,000 after acquiring an additional 1,903 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of Royce Value Trust by 27.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 12,688 shares of the financial services provider’s stock valued at $200,000 after acquiring an additional 2,719 shares in the last quarter. Institutional investors own 25.57% of the company’s stock.

Royce Value Trust Price Performance

Shares of RVT opened at $14.34 on Wednesday. Royce Value Trust Inc. has a twelve month low of $13.78 and a twelve month high of $16.93. The firm has a 50 day moving average of $15.68 and a 200 day moving average of $15.74.

Royce Value Trust Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Thursday, March 13th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 8.37%. The ex-dividend date is Thursday, March 13th.

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.