International Assets Investment Management LLC Lowers Stock Position in Royce Small-Cap Trust, Inc. $RVT

International Assets Investment Management LLC lowered its position in Royce Small-Cap Trust, Inc. (NYSE:RVT) by 9.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,573 shares of the financial services provider’s stock after selling 2,383 shares during the period. International Assets Investment Management LLC’s holdings in Royce Small-Cap Trust were worth $340,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its holdings in Royce Small-Cap Trust by 122.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 30,849 shares of the financial services provider’s stock worth $439,000 after buying an additional 16,966 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Royce Small-Cap Trust by 2.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 124,521 shares of the financial services provider’s stock worth $1,773,000 after buying an additional 3,174 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in Royce Small-Cap Trust by 38.0% during the second quarter. Janney Montgomery Scott LLC now owns 693,008 shares of the financial services provider’s stock worth $10,430,000 after buying an additional 190,986 shares during the last quarter. Truist Financial Corp purchased a new stake in Royce Small-Cap Trust during the second quarter worth about $156,000. Finally, Royal Bank of Canada increased its holdings in Royce Small-Cap Trust by 3.1% during the first quarter. Royal Bank of Canada now owns 1,601,377 shares of the financial services provider’s stock worth $22,803,000 after buying an additional 47,759 shares during the last quarter. Hedge funds and other institutional investors own 25.57% of the company’s stock.

Royce Small-Cap Trust Stock Performance

NYSE RVT opened at $15.89 on Thursday. Royce Small-Cap Trust, Inc. has a 52-week low of $12.12 and a 52-week high of $16.93. The company has a 50-day simple moving average of $16.07 and a 200 day simple moving average of $15.16.

Royce Small-Cap Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Friday, September 12th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date was Friday, September 12th.

Royce Small-Cap 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.