Beacon Financial Advisory LLC Boosts Holdings in Royce Value Trust Inc. (NYSE:RVT)

Beacon Financial Advisory LLC lifted its stake in shares of Royce Value Trust Inc. (NYSE:RVT) by 23.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,397 shares of the financial services provider’s stock after buying an additional 3,069 shares during the quarter. Beacon Financial Advisory LLC’s holdings in Royce Value Trust were worth $259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Benjamin Edwards Inc. bought a new stake in Royce Value Trust during the 3rd quarter valued at approximately $1,505,000. Stifel Financial Corp boosted its position in shares of 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 valued at $12,181,000 after purchasing an additional 70,449 shares in the last quarter. Creative Planning boosted its position in shares of Royce Value Trust by 7.7% during the third quarter. Creative Planning now owns 11,791 shares of the financial services provider’s stock valued at $185,000 after purchasing an additional 842 shares in the last quarter. Janney Montgomery Scott LLC grew 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 worth $6,949,000 after purchasing an additional 11,777 shares during the period. Finally, International Assets Investment Management LLC raised its holdings in Royce Value Trust by 1,603.2% in the third quarter. International Assets Investment Management LLC now owns 370,774 shares of the financial services provider’s stock worth $5,821,000 after purchasing an additional 349,005 shares in the last quarter. 25.57% of the stock is owned by institutional investors.

Royce Value Trust Stock Performance

Shares of RVT stock opened at $16.36 on Friday. The company’s fifty day moving average price is $16.13 and its 200-day moving average price is $15.73. Royce Value Trust Inc. has a 12 month low of $13.78 and a 12 month high of $16.93.

Royce Value Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Thursday, December 12th were issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 10.76%. The ex-dividend date of this dividend was Thursday, December 12th.

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.