Royce Value Trust Inc (RVT) Shares Bought by Wedbush Securities Inc.

Wedbush Securities Inc. grew its position in Royce Value Trust Inc (NYSE:RVT) by 18.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 33,855 shares of the financial services provider’s stock after buying an additional 5,173 shares during the period. Wedbush Securities Inc.’s holdings in Royce Value Trust were worth $554,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. RB Capital Management LLC grew its holdings in shares of Royce Value Trust by 4.9% in the 3rd quarter. RB Capital Management LLC now owns 127,000 shares of the financial services provider’s stock valued at $2,076,000 after buying an additional 5,898 shares during the period. Pring Turner Capital Group Inc. grew its holdings in shares of Royce Value Trust by 5.5% in the 3rd quarter. Pring Turner Capital Group Inc. now owns 205,015 shares of the financial services provider’s stock valued at $3,352,000 after buying an additional 10,759 shares during the period. Raymond James Trust N.A. grew its holdings in shares of Royce Value Trust by 13.3% in the 3rd quarter. Raymond James Trust N.A. now owns 49,220 shares of the financial services provider’s stock valued at $805,000 after buying an additional 5,769 shares during the period. CLS Investments LLC grew its holdings in shares of Royce Value Trust by 36.6% in the 3rd quarter. CLS Investments LLC now owns 421,477 shares of the financial services provider’s stock valued at $6,891,000 after buying an additional 112,991 shares during the period. Finally, Brown Advisory Inc. grew its holdings in shares of Royce Value Trust by 6.5% in the 3rd quarter. Brown Advisory Inc. now owns 66,486 shares of the financial services provider’s stock valued at $1,087,000 after buying an additional 4,053 shares during the period. 21.07% of the stock is owned by institutional investors.

Shares of RVT stock opened at $13.43 on Friday. Royce Value Trust Inc has a 12-month low of $13.36 and a 12-month high of $17.18.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 27th. Stockholders of record on Thursday, December 13th will be issued a $0.37 dividend. This is a positive change from Royce Value Trust’s previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, December 12th. This represents a $1.48 annualized dividend and a dividend yield of 11.02%.

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Royce Value Trust Company 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.

Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks

Institutional Ownership by Quarter for Royce Value Trust (NYSE:RVT)

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