International Assets Investment Management LLC Acquires 349,005 Shares of Royce Value Trust Inc. (NYSE:RVT)

International Assets Investment Management LLC raised its holdings in Royce Value Trust Inc. (NYSE:RVT) by 1,603.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 370,774 shares of the financial services provider’s stock after buying an additional 349,005 shares during the period. International Assets Investment Management LLC’s holdings in Royce Value Trust were worth $5,821,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in RVT. Kovack Advisors Inc. grew its position in shares of Royce Value Trust by 58.0% in the first quarter. Kovack Advisors Inc. now owns 16,374 shares of the financial services provider’s stock valued at $248,000 after purchasing an additional 6,011 shares during the last quarter. Private Advisor Group LLC grew its position in shares of Royce Value Trust by 6.2% in the first quarter. Private Advisor Group LLC now owns 113,303 shares of the financial services provider’s stock valued at $1,719,000 after purchasing an additional 6,628 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Royce Value Trust by 2.0% in the first quarter. Janney Montgomery Scott LLC now owns 431,555 shares of the financial services provider’s stock valued at $6,547,000 after purchasing an additional 8,578 shares during the last quarter. Quent Capital LLC acquired a new position in shares of Royce Value Trust in the first quarter valued at approximately $38,000. Finally, Salomon & Ludwin LLC acquired a new position in shares of Royce Value Trust in the first quarter valued at approximately $50,000. Institutional investors and hedge funds own 25.57% of the company’s stock.

Insider Buying and Selling

In related news, President Christopher D. Clark purchased 3,400 shares of Royce Value Trust stock in a transaction that occurred on Friday, August 16th. The shares were acquired at an average price of $15.20 per share, with a total value of $51,680.00. Following the completion of the transaction, the president now directly owns 36,057 shares of the company’s stock, valued at $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 the SEC website. 0.06% of the stock is currently owned by company insiders.

Royce Value Trust Stock Down 1.6 %

Royce Value Trust stock opened at $15.15 on Friday. Royce Value Trust Inc. has a 12 month low of $11.93 and a 12 month high of $16.16. The stock’s 50 day moving average is $15.40 and its 200-day moving average is $14.98.

Royce Value Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Friday, September 13th were given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 7.39%. The ex-dividend date of this dividend was Friday, September 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.