Alexander Randolph Advisory Inc. Increases Position in Royce Value Trust Inc. (NYSE:RVT)

Alexander Randolph Advisory Inc. lifted its position in Royce Value Trust Inc. (NYSE:RVT) by 2.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,963 shares of the financial services provider’s stock after acquiring an additional 871 shares during the period. Alexander Randolph Advisory Inc.’s holdings in Royce Value Trust were worth $489,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RVT. Creative Planning raised its stake in Royce Value Trust by 7.7% in the 3rd quarter. Creative Planning now owns 11,791 shares of the financial services provider’s stock worth $185,000 after acquiring an additional 842 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Royce Value Trust by 14.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 386,499 shares of the financial services provider’s stock worth $6,068,000 after purchasing an additional 48,700 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of Royce Value Trust by 3.7% in the third quarter. Private Advisor Group LLC now owns 133,786 shares of the financial services provider’s stock worth $2,100,000 after purchasing an additional 4,829 shares during the last quarter. International Assets Investment Management LLC raised its position in Royce Value Trust by 1,603.2% during the 3rd quarter. International Assets Investment Management LLC now owns 370,774 shares of the financial services provider’s stock worth $5,821,000 after buying an additional 349,005 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its position in Royce Value Trust by 58.4% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 59,628 shares of the financial services provider’s stock worth $936,000 after buying an additional 21,992 shares during the last quarter. Hedge funds and other institutional investors own 25.57% of the company’s stock.

Royce Value Trust Price Performance

RVT opened at $15.72 on Friday. The firm has a 50 day moving average of $16.01 and a two-hundred day moving average of $15.79. Royce Value Trust Inc. has a 12-month low of $13.78 and a 12-month high of $16.93.

Royce Value Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Thursday, December 12th were issued a dividend of $0.44 per share. The ex-dividend date was Thursday, December 12th. This represents a $1.76 annualized dividend and a dividend yield of 11.20%.

About Royce Value Trust

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.