Beacon Financial Advisory LLC Acquires 734 Shares of Royce Value Trust Inc. (NYSE:RVT)

Beacon Financial Advisory LLC raised its stake in Royce Value Trust Inc. (NYSE:RVT) by 5.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,328 shares of the financial services provider’s stock after acquiring an additional 734 shares during the quarter. Beacon Financial Advisory LLC’s holdings in Royce Value Trust were worth $209,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ESL Trust Services LLC bought a new stake in shares of Royce Value Trust in the first quarter valued at $39,000. Future Financial Wealth Managment LLC purchased a new stake in Royce Value Trust during the third quarter valued at about $78,000. J.W. Cole Advisors Inc. bought a new position in Royce Value Trust during the second quarter worth about $145,000. Calamos Advisors LLC bought a new position in Royce Value Trust in the 2nd quarter worth approximately $155,000. Finally, Creative Planning boosted its holdings 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 buying an additional 842 shares during the period. 25.57% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Royce Value Trust news, President Christopher D. Clark acquired 3,400 shares of the stock in a transaction that occurred on Friday, August 16th. The shares were bought at an average price of $15.20 per share, for a total transaction of $51,680.00. Following the completion of the transaction, the president now owns 36,057 shares of the company’s stock, valued at approximately $548,066.40. This represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.06% of the stock is currently owned by insiders.

Royce Value Trust Price Performance

Shares of RVT stock opened at $16.31 on Thursday. The company’s fifty day simple moving average is $15.40 and its two-hundred day simple moving average is $15.03. Royce Value Trust Inc. has a 1 year low of $12.22 and a 1 year high of $16.33.

Royce Value Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Friday, September 13th were paid a dividend of $0.28 per share. The ex-dividend date was Friday, September 13th. This represents a $1.12 annualized dividend and a yield of 6.87%.

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.