Cambridge Investment Research Advisors Inc. Purchases 3,174 Shares of Royce Small-Cap Trust, Inc. (NYSE:RVT)

Cambridge Investment Research Advisors Inc. boosted its position in shares of Royce Small-Cap Trust, Inc. (NYSE:RVT) by 2.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 124,521 shares of the financial services provider’s stock after purchasing an additional 3,174 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Royce Small-Cap Trust were worth $1,773,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Vermillion Wealth Management Inc. bought a new position in shares of Royce Small-Cap Trust during the fourth quarter worth $29,000. Farther Finance Advisors LLC grew its stake in Royce Small-Cap Trust by 6,938.5% in the first quarter. Farther Finance Advisors LLC now owns 10,065 shares of the financial services provider’s stock valued at $144,000 after acquiring an additional 9,922 shares during the period. Jaffetilchin Investment Partners LLC increased its position in shares of Royce Small-Cap Trust by 11.1% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 10,209 shares of the financial services provider’s stock worth $161,000 after acquiring an additional 1,019 shares in the last quarter. Inscription Capital LLC bought a new stake in Royce Small-Cap Trust in the 1st quarter valued at approximately $156,000. Finally, Keyes Stange & Wooten Wealth Management LLC bought a new position in shares of Royce Small-Cap Trust in the 4th quarter valued at about $170,000. Institutional investors own 25.57% of the company’s stock.

Insider Activity

In other Royce Small-Cap Trust news, insider Charles M. Royce sold 21,735 shares of the company’s stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $14.96, for a total value of $325,155.60. Following the transaction, the insider directly owned 86,938 shares of the company’s stock, valued at $1,300,592.48. This represents a 20.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.06% of the stock is currently owned by corporate insiders.

Royce Small-Cap Trust Price Performance

Shares of RVT opened at $15.40 on Thursday. The firm has a 50-day moving average of $14.71 and a 200-day moving average of $14.98. Royce Small-Cap Trust, Inc. has a one year low of $12.12 and a one year high of $16.93.

Royce Small-Cap Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Thursday, June 12th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.53%. The ex-dividend date was Thursday, June 12th.

Royce Small-Cap 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.