3,299 Shares in Royce Value Trust Inc. (NYSE:RVT) Acquired by Salomon & Ludwin LLC

Salomon & Ludwin LLC bought a new position in shares of Royce Value Trust Inc. (NYSE:RVTFree Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 3,299 shares of the financial services provider’s stock, valued at approximately $50,000.

Several other large investors have also recently added to or reduced their stakes in RVT. Cornerstone Advisors LLC increased its position in shares of Royce Value Trust by 50.9% in the 4th quarter. Cornerstone Advisors LLC now owns 938,773 shares of the financial services provider’s stock valued at $13,669,000 after purchasing an additional 316,767 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of Royce Value Trust by 1,519.3% in the 4th quarter. International Assets Investment Management LLC now owns 312,923 shares of the financial services provider’s stock valued at $4,556,000 after purchasing an additional 293,599 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Royce Value Trust by 39.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 423,062 shares of the financial services provider’s stock valued at $6,160,000 after purchasing an additional 120,150 shares during the last quarter. Stifel Financial Corp increased its position in shares of Royce Value Trust by 10.3% in the 4th quarter. Stifel Financial Corp now owns 684,741 shares of the financial services provider’s stock valued at $9,970,000 after purchasing an additional 63,923 shares during the last quarter. Finally, Karpus Management Inc. increased its position in shares of Royce Value Trust by 40.9% in the 4th quarter. Karpus Management Inc. now owns 200,510 shares of the financial services provider’s stock valued at $2,919,000 after purchasing an additional 58,242 shares during the last quarter. 25.57% of the stock is owned by hedge funds and other institutional investors.

Royce Value Trust Price Performance

Shares of NYSE:RVT opened at $14.35 on Wednesday. Royce Value Trust Inc. has a 52 week low of $11.85 and a 52 week high of $15.24. The company’s 50 day moving average is $14.62 and its two-hundred day moving average is $14.49.

Royce Value Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 24th. Shareholders of record on Thursday, June 13th were given a $0.28 dividend. The ex-dividend date was Thursday, June 13th. This is an increase from Royce Value Trust’s previous quarterly dividend of $0.27. This represents a $1.12 dividend on an annualized basis and a dividend yield of 7.80%.

About Royce Value Trust

(Free Report)

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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