Alexander Randolph Advisory Inc. Boosts Stock Holdings in Royce Value Trust Inc. (NYSE:RVT)

Alexander Randolph Advisory Inc. grew its position in shares of Royce Value Trust Inc. (NYSE:RVT) by 2.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 30,963 shares of the financial services provider’s stock after buying 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).

Several other institutional investors have also recently made changes to their positions in the company. Stifel Financial Corp increased its holdings in Royce Value Trust by 10.0% in the third quarter. Stifel Financial Corp now owns 775,846 shares of the financial services provider’s stock valued at $12,181,000 after buying an additional 70,449 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Royce Value Trust by 2.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider’s stock valued at $6,949,000 after purchasing an additional 11,777 shares in the last quarter. Waterfront Wealth Inc. increased its stake in shares of Royce Value Trust by 5.8% in the 4th quarter. Waterfront Wealth Inc. now owns 426,902 shares of the financial services provider’s stock valued at $6,745,000 after purchasing an additional 23,238 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Royce Value Trust by 14.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 386,499 shares of the financial services provider’s stock valued at $6,068,000 after purchasing an additional 48,700 shares in the last quarter. Finally, International Assets Investment Management LLC increased its stake 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 purchasing an additional 349,005 shares in the last quarter. 25.57% of the stock is owned by hedge funds and other institutional investors.

Royce Value Trust Stock Performance

Royce Value Trust stock opened at $15.72 on Friday. Royce Value Trust Inc. has a 12 month low of $13.78 and a 12 month high of $16.93. The business has a 50 day simple moving average of $16.01 and a 200-day simple moving average of $15.79.

Royce Value Trust Dividend Announcement

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

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.