Level Four Advisory Services LLC Buys 1,771 Shares of Royce Value Trust Inc. (NYSE:RVT)

Level Four Advisory Services LLC increased its position in shares of Royce Value Trust Inc. (NYSE:RVT) by 9.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,026 shares of the financial services provider’s stock after buying an additional 1,771 shares during the period. Level Four Advisory Services LLC’s holdings in Royce Value Trust were worth $316,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RVT. Benjamin Edwards Inc. bought a new position in shares of Royce Value Trust in the 3rd quarter valued at about $1,505,000. Stifel Financial Corp increased its position in Royce Value Trust by 10.0% during the third quarter. Stifel Financial Corp now owns 775,846 shares of the financial services provider’s stock worth $12,181,000 after buying an additional 70,449 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Royce Value Trust by 2.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider’s stock valued at $6,949,000 after buying an additional 11,777 shares during the period. Polar Asset Management Partners Inc. acquired a new stake in shares of Royce Value Trust in the third quarter valued at approximately $1,181,000. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in shares of Royce Value Trust by 55.9% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 92,935 shares of the financial services provider’s stock worth $1,468,000 after acquiring an additional 33,307 shares during the period. 25.57% of the stock is owned by institutional investors.

Royce Value Trust Price Performance

RVT stock opened at $14.27 on Tuesday. Royce Value Trust Inc. has a 1-year low of $13.78 and a 1-year high of $16.93. The business’s 50 day simple moving average is $15.43 and its 200 day simple moving average is $15.72.

Royce Value Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Thursday, March 13th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 8.41%. The ex-dividend date of this dividend was Thursday, March 13th.

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.