J.W. Cole Advisors Inc. Buys New Holdings in Royce Value Trust Inc. (NYSE:RVT)

J.W. Cole Advisors Inc. purchased a new position in shares of Royce Value Trust Inc. (NYSE:RVT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,026 shares of the financial services provider’s stock, valued at approximately $145,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Stolper Co raised its stake in Royce Value Trust by 1.5% in the 2nd quarter. Stolper Co now owns 46,475 shares of the financial services provider’s stock valued at $672,000 after acquiring an additional 707 shares during the period. 9258 Wealth Management LLC increased its holdings in shares of Royce Value Trust by 1.4% in 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 last quarter. Accel Wealth Management raised its position in shares of Royce Value Trust by 0.8% in the second quarter. Accel Wealth Management now owns 121,778 shares of the financial services provider’s stock valued at $1,762,000 after purchasing an additional 930 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of Royce Value Trust by 1.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 64,918 shares of the financial services provider’s stock worth $945,000 after buying an additional 944 shares during the last quarter. Finally, HBK Sorce Advisory LLC boosted its holdings in shares of Royce Value Trust by 6.8% during the 2nd quarter. HBK Sorce Advisory LLC now owns 14,869 shares of the financial services provider’s stock worth $215,000 after buying an additional 946 shares during the period. Institutional investors own 25.57% of the company’s stock.

Royce Value Trust Trading Up 1.6 %

Shares of RVT opened at $15.53 on Friday. The firm’s 50-day simple moving average is $15.23 and its 200 day simple moving average is $14.80. Royce Value Trust Inc. has a 52 week low of $11.85 and a 52 week high of $16.16.

Royce Value Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 23rd. Stockholders of record on Friday, September 13th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 7.21%.

Insider Buying and Selling

In other news, President Christopher D. Clark acquired 3,400 shares of the firm’s stock in a transaction on Friday, August 16th. The shares were purchased at an average cost of $15.20 per share, with a total value of $51,680.00. Following the acquisition, the president now directly owns 36,057 shares in the company, valued at approximately $548,066.40. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.06% of the stock is currently owned by insiders.

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.