Benjamin F. Edwards & Company Inc. Sells 1,629 Shares of Royce Value Trust Inc. (NYSE:RVT)

Benjamin F. Edwards & Company Inc. lowered its position in shares of Royce Value Trust Inc. (NYSE:RVT) by 1.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,477 shares of the financial services provider’s stock after selling 1,629 shares during the quarter. Benjamin F. Edwards & Company Inc. owned about 0.08% of Royce Value Trust worth $1,237,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Cornerstone Advisors LLC increased its holdings in Royce Value Trust by 62.0% in the second quarter. Cornerstone Advisors LLC now owns 734,489 shares of the financial services provider’s stock worth $10,628,000 after purchasing an additional 281,199 shares in the last quarter. Cetera Advisors LLC bought a new stake in shares of Royce Value Trust in the 1st quarter valued at $4,003,000. Rothschild Investment LLC acquired a new position in shares of Royce Value Trust during the 2nd quarter valued at $2,543,000. Lazard Asset Management LLC boosted its stake in Royce Value Trust by 62.5% during the first quarter. Lazard Asset Management LLC now owns 384,792 shares of the financial services provider’s stock worth $5,837,000 after acquiring an additional 147,935 shares in the last quarter. Finally, Shaker Financial Services LLC grew its holdings in Royce Value Trust by 97.9% in the second quarter. Shaker Financial Services LLC now owns 188,256 shares of the financial services provider’s stock worth $2,724,000 after purchasing an additional 93,131 shares during the period. Institutional investors own 25.57% of the company’s stock.

Royce Value Trust Trading Up 0.2 %

Shares of NYSE RVT opened at $15.47 on Tuesday. The firm’s 50-day moving average price is $15.24 and its 200-day moving average price is $14.81. Royce Value Trust Inc. has a 1-year low of $11.85 and a 1-year high of $16.16.

Royce Value Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Shareholders 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 annualized dividend and a yield of 7.24%.

Insider Buying and Selling at Royce Value Trust

In other news, President Christopher D. Clark bought 3,400 shares of the stock in a transaction dated Friday, August 16th. The shares were bought at an average cost of $15.20 per share, with a total value of $51,680.00. Following the completion of the transaction, the president now directly owns 36,057 shares of the company’s stock, valued at $548,066.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.06% of the company’s stock.

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.