1776 Wealth LLC Sells 4,748 Shares of Royce Value Trust Inc. (NYSE:RVT)

1776 Wealth LLC lowered its position in shares of Royce Value Trust Inc. (NYSE:RVT) by 12.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,621 shares of the financial services provider’s stock after selling 4,748 shares during the quarter. 1776 Wealth LLC’s holdings in Royce Value Trust were worth $512,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Stolper Co raised its holdings in shares of Royce Value Trust by 1.5% during the second quarter. Stolper Co now owns 46,475 shares of the financial services provider’s stock valued at $672,000 after purchasing an additional 707 shares during the period. 9258 Wealth Management LLC raised its holdings in shares of Royce Value Trust by 1.4% during the second quarter. 9258 Wealth Management LLC now owns 53,052 shares of the financial services provider’s stock valued at $768,000 after purchasing an additional 729 shares during the period. Beacon Financial Advisory LLC raised its holdings in shares of Royce Value Trust by 5.8% during the third quarter. Beacon Financial Advisory LLC now owns 13,328 shares of the financial services provider’s stock valued at $209,000 after purchasing an additional 734 shares during the period. Focused Wealth Management Inc raised its holdings in shares of Royce Value Trust by 1.6% during the third quarter. Focused Wealth Management Inc now owns 53,674 shares of the financial services provider’s stock valued at $843,000 after purchasing an additional 827 shares during the period. Finally, Creative Planning raised its holdings 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 during the period. Institutional investors own 25.57% of the company’s stock.

Royce Value Trust Trading Down 1.0 %

Shares of RVT traded down $0.16 on Friday, reaching $15.93. The company’s stock had a trading volume of 218,506 shares, compared to its average volume of 228,132. Royce Value Trust Inc. has a twelve month low of $12.78 and a twelve month high of $16.93. The firm has a fifty day moving average of $15.58 and a 200-day moving average of $15.13.

Royce Value Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Friday, September 13th were issued a $0.28 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 7.03%.

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.