EP Wealth Advisors LLC Purchases 1,070 Shares of Royce Value Trust Inc. (NYSE:RVT)

EP Wealth Advisors LLC increased its position in shares of Royce Value Trust Inc. (NYSE:RVT) by 9.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,025 shares of the financial services provider’s stock after acquiring an additional 1,070 shares during the quarter. EP Wealth Advisors LLC’s holdings in Royce Value Trust were worth $206,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE raised its holdings in Royce Value Trust by 1.5% during the 4th quarter. Bank of America Corp DE now owns 5,848,923 shares of the financial services provider’s stock worth $92,413,000 after buying an additional 87,541 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Royce Value Trust during the fourth quarter worth $48,539,000. Wells Fargo & Company MN lifted its position in Royce Value Trust by 23.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,673,671 shares of the financial services provider’s stock valued at $26,444,000 after acquiring an additional 315,880 shares in the last quarter. LPL Financial LLC lifted its position in Royce Value Trust by 37.5% in the 4th quarter. LPL Financial LLC now owns 1,260,113 shares of the financial services provider’s stock valued at $19,910,000 after acquiring an additional 343,597 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in Royce Value Trust by 6.1% in the 4th quarter. Stifel Financial Corp now owns 823,078 shares of the financial services provider’s stock worth $13,005,000 after purchasing an additional 47,232 shares during the period. Institutional investors own 25.57% of the company’s stock.

Royce Value Trust Price Performance

RVT opened at $15.04 on Thursday. The business’s 50-day moving average price is $13.98 and its two-hundred day moving average price is $15.30. Royce Value Trust Inc. has a 1 year low of $12.12 and a 1 year high of $16.93.

Royce Value Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Thursday, March 13th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, March 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.98%.

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.