Janney Montgomery Scott LLC Purchases 11,777 Shares of Royce Value Trust Inc. (NYSE:RVT)

Janney Montgomery Scott LLC increased its position in shares of Royce Value Trust Inc. (NYSE:RVT) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 439,830 shares of the financial services provider’s stock after acquiring an additional 11,777 shares during the quarter. Janney Montgomery Scott LLC owned about 0.38% of Royce Value Trust worth $6,949,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Raymond James & Associates increased its holdings in shares of Royce Value Trust by 5.5% during the third quarter. Raymond James & Associates now owns 1,502,749 shares of the financial services provider’s stock valued at $23,593,000 after acquiring an additional 78,601 shares in the last quarter. Stifel Financial Corp grew its position in Royce Value Trust by 10.0% during the 3rd quarter. Stifel Financial Corp now owns 775,846 shares of the financial services provider’s stock worth $12,181,000 after purchasing an additional 70,449 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in Royce Value Trust by 14.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 386,499 shares of the financial services provider’s stock valued at $6,068,000 after purchasing an additional 48,700 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of 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 during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Royce Value Trust by 3.2% in the 2nd quarter. Cetera Investment Advisers now owns 299,470 shares of the financial services provider’s stock valued at $4,333,000 after acquiring an additional 9,255 shares during the last quarter. 25.57% of the stock is currently owned by institutional investors and hedge funds.

Royce Value Trust Stock Down 0.4 %

Royce Value Trust stock opened at $16.23 on Wednesday. The business’s 50-day moving average price is $16.16 and its 200 day moving average price is $15.70. Royce Value Trust Inc. has a 52 week low of $13.78 and a 52 week 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 dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 10.84%. The ex-dividend date of this dividend was Thursday, December 12th.

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.