Royce Value Trust Inc. (NYSE:RVT) Shares Acquired by Apollon Wealth Management LLC

Apollon Wealth Management LLC boosted its position in Royce Value Trust Inc. (NYSE:RVT) by 191.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 40,466 shares of the financial services provider’s stock after purchasing an additional 26,588 shares during the quarter. Apollon Wealth Management LLC’s holdings in Royce Value Trust were worth $639,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. acquired a new position in Royce Value Trust in the 3rd quarter valued at about $1,505,000. Stifel Financial Corp raised its stake in Royce Value Trust by 10.0% in the 3rd quarter. Stifel Financial Corp now owns 775,846 shares of the financial services provider’s stock valued at $12,181,000 after purchasing an additional 70,449 shares during the last quarter. Creative Planning lifted its holdings in shares of Royce Value Trust by 7.7% during the 3rd quarter. Creative Planning now owns 11,791 shares of the financial services provider’s stock worth $185,000 after acquiring an additional 842 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of Royce Value Trust by 2.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider’s stock worth $6,949,000 after acquiring an additional 11,777 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in shares of Royce Value Trust by 1,603.2% during the 3rd quarter. International Assets Investment Management LLC now owns 370,774 shares of the financial services provider’s stock worth $5,821,000 after acquiring an additional 349,005 shares during the period. Institutional investors and hedge funds own 25.57% of the company’s stock.

Royce Value Trust Trading Down 0.7 %

Shares of RVT stock opened at $16.01 on Thursday. Royce Value Trust Inc. has a 1-year low of $13.78 and a 1-year high of $16.93. The firm’s 50-day simple moving average is $16.07 and its 200-day simple moving average is $15.75.

Royce Value Trust Dividend Announcement

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

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.