Apollon Wealth Management LLC Sells 2,355 Shares of Royce Value Trust Inc. (NYSE:RVT)

Apollon Wealth Management LLC lessened its holdings in Royce Value Trust Inc. (NYSE:RVT) by 14.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 13,878 shares of the financial services provider’s stock after selling 2,355 shares during the period. Apollon Wealth Management LLC’s holdings in Royce Value Trust were worth $218,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in RVT. Future Financial Wealth Managment LLC purchased a new stake in shares of Royce Value Trust during the third quarter valued at about $78,000. J.W. Cole Advisors Inc. acquired a new stake in shares of Royce Value Trust during the second quarter worth $145,000. Calamos Advisors LLC purchased a new stake in shares of Royce Value Trust during the second quarter valued at $155,000. Creative Planning raised its stake in Royce Value Trust by 7.7% in the 3rd quarter. Creative Planning now owns 11,791 shares of the financial services provider’s stock worth $185,000 after acquiring an additional 842 shares during the last quarter. Finally, Cutter & CO Brokerage Inc. acquired a new stake in Royce Value Trust during the 3rd quarter worth about $200,000. 25.57% of the stock is currently owned by hedge funds and other institutional investors.

Royce Value Trust Trading Down 0.3 %

Royce Value Trust stock opened at $15.89 on Tuesday. Royce Value Trust Inc. has a fifty-two week low of $12.95 and a fifty-two week high of $16.93. The business’s 50-day simple moving average is $15.58 and its two-hundred day simple moving average is $15.15.

Royce Value Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Shareholders 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 7.05%. The ex-dividend date was Friday, September 13th.

Royce Value Trust 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.