D.A. Davidson & CO. Reduces Position in Royce Value Trust Inc. (NYSE:RVT)

D.A. Davidson & CO. cut its position in Royce Value Trust Inc. (NYSE:RVT) by 0.8% during the third quarter, HoldingsChannel reports. The firm owned 217,944 shares of the financial services provider’s stock after selling 1,786 shares during the quarter. D.A. Davidson & CO.’s holdings in Royce Value Trust were worth $3,422,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of RVT. International Assets Investment Management LLC grew its position in shares of Royce Value Trust by 1,603.2% in the 3rd quarter. International Assets Investment Management LLC now owns 370,774 shares of the financial services provider’s stock valued at $5,821,000 after buying an additional 349,005 shares during the last quarter. Cornerstone Advisors LLC grew its position in shares of Royce Value Trust by 62.0% in the 2nd quarter. Cornerstone Advisors LLC now owns 734,489 shares of the financial services provider’s stock valued at $10,628,000 after buying an additional 281,199 shares during the last quarter. Cetera Advisors LLC purchased a new position in shares of Royce Value Trust in the 1st quarter valued at $4,003,000. Sanctuary Advisors LLC purchased a new position in shares of Royce Value Trust in the 2nd quarter valued at $2,973,000. Finally, Rothschild Investment LLC purchased a new position in shares of Royce Value Trust in the 2nd quarter valued at $2,543,000. 25.57% of the stock is owned by hedge funds and other institutional investors.

Royce Value Trust Stock Down 0.6 %

NYSE RVT opened at $16.64 on Friday. The firm’s fifty day moving average price is $15.82 and its 200 day moving average price is $15.25. Royce Value Trust Inc. has a 12 month low of $13.11 and a 12 month high of $16.93.

Royce Value Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Friday, September 13th were given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 6.73%. The ex-dividend date was Friday, September 13th.

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.