PKS Advisory Services LLC Makes New Investment in Royce Value Trust Inc. (NYSE:RVT)

PKS Advisory Services LLC bought a new stake in shares of Royce Value Trust Inc. (NYSE:RVT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 19,344 shares of the financial services provider’s stock, valued at approximately $306,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RVT. DAVENPORT & Co LLC bought a new stake in Royce Value Trust during the fourth quarter worth about $165,000. GWN Securities Inc. purchased a new position in shares of Royce Value Trust during the fourth quarter valued at approximately $187,000. EP Wealth Advisors LLC bought a new stake in shares of Royce Value Trust in the 3rd quarter worth approximately $188,000. B&L Asset Management LLC purchased a new stake in shares of Royce Value Trust in the 3rd quarter worth approximately $190,000. Finally, Atria Wealth Solutions Inc. increased its position in Royce Value Trust by 18.4% during the 4th quarter. Atria Wealth Solutions Inc. now owns 12,230 shares of the financial services provider’s stock valued at $193,000 after buying an additional 1,903 shares in the last quarter. 25.57% of the stock is owned by hedge funds and other institutional investors.

Royce Value Trust Trading Down 0.2 %

Shares of Royce Value Trust stock opened at $14.70 on Wednesday. Royce Value Trust Inc. has a 1 year low of $13.78 and a 1 year high of $16.93. The firm’s 50-day moving average is $15.57 and its 200 day moving average is $15.73.

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 8.16%. The ex-dividend date is Thursday, March 13th.

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.