Allspring Global Investments Holdings LLC Sells 135,242 Shares of Royce Value Trust Inc. (NYSE:RVT)

Allspring Global Investments Holdings LLC reduced its position in shares of Royce Value Trust Inc. (NYSE:RVT) by 35.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 251,257 shares of the financial services provider’s stock after selling 135,242 shares during the period. Allspring Global Investments Holdings LLC owned 0.22% of Royce Value Trust worth $3,970,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Focused Wealth Management Inc increased its holdings in Royce Value Trust by 13.4% during the fourth quarter. Focused Wealth Management Inc now owns 60,861 shares of the financial services provider’s stock worth $962,000 after buying an additional 7,187 shares during the last quarter. Apollon Wealth Management LLC increased its holdings in Royce Value Trust by 191.6% during the fourth quarter. Apollon Wealth Management LLC now owns 40,466 shares of the financial services provider’s stock worth $639,000 after buying an additional 26,588 shares during the last quarter. Mezzasalma Advisors LLC purchased a new stake in Royce Value Trust during the fourth quarter worth about $379,000. Beacon Financial Advisory LLC increased its holdings in Royce Value Trust by 23.0% during the fourth quarter. Beacon Financial Advisory LLC now owns 16,397 shares of the financial services provider’s stock worth $259,000 after buying an additional 3,069 shares during the last quarter. Finally, Calamos Advisors LLC increased its holdings in Royce Value Trust by 23.8% during the fourth quarter. Calamos Advisors LLC now owns 34,523 shares of the financial services provider’s stock worth $545,000 after buying an additional 6,640 shares during the last quarter. 25.57% of the stock is owned by institutional investors.

Royce Value Trust Trading Down 0.8 %

RVT opened at $16.00 on Friday. The firm has a 50-day moving average price of $16.02 and a 200-day moving average price of $15.77. Royce Value Trust Inc. has a twelve month low of $13.78 and a twelve month high of $16.93.

Royce Value Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Thursday, December 12th were paid a $0.44 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $1.76 annualized dividend and a dividend yield of 11.00%.

About Royce Value Trust

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.