First Trust Advisors LP grew its holdings in shares of Royce Value Trust, Inc. (NYSE:RVT) by 12.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 197,369 shares of the financial services provider’s stock after purchasing an additional 22,434 shares during the period. First Trust Advisors LP owned approximately 0.25% of Royce Value Trust worth $2,880,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in RVT. Janney Montgomery Scott LLC lifted its holdings in shares of Royce Value Trust by 2.5% during the second quarter. Janney Montgomery Scott LLC now owns 163,759 shares of the financial services provider’s stock valued at $2,389,000 after purchasing an additional 3,998 shares during the last quarter. Blue Bell Private Wealth Management LLC lifted its holdings in shares of Royce Value Trust by 1.1% during the second quarter. Blue Bell Private Wealth Management LLC now owns 352,630 shares of the financial services provider’s stock valued at $5,145,000 after purchasing an additional 3,762 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Royce Value Trust by 94.9% during the second quarter. IFP Advisors Inc now owns 9,884 shares of the financial services provider’s stock valued at $144,000 after purchasing an additional 4,813 shares during the last quarter. HL Financial Services LLC lifted its holdings in shares of Royce Value Trust by 97.9% during the second quarter. HL Financial Services LLC now owns 31,351 shares of the financial services provider’s stock valued at $457,000 after purchasing an additional 15,506 shares during the last quarter. Finally, General American Investors Co. Inc. lifted its holdings in shares of Royce Value Trust by 1.9% during the second quarter. General American Investors Co. Inc. now owns 199,917 shares of the financial services provider’s stock valued at $2,917,000 after purchasing an additional 3,682 shares during the last quarter. Hedge funds and other institutional investors own 23.38% of the company’s stock.

Royce Value Trust, Inc. (NYSE:RVT) opened at 14.81 on Thursday. Royce Value Trust, Inc. has a 12-month low of $11.66 and a 12-month high of $15.21. The stock’s 50 day moving average is $14.66 and its 200 day moving average is $14.42.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 26th. Stockholders of record on Wednesday, September 13th will be paid a $0.28 dividend. This is an increase from Royce Value Trust’s previous quarterly dividend of $0.27. This represents a $1.12 annualized dividend and a dividend yield of 7.56%. The ex-dividend date of this dividend is Friday, September 8th.

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Royce Value Trust Profile

Royce Value Trust, Inc is a diversified, closed-end investment company. The Fund invests primarily in small-cap securities. The Fund’s portfolio of investments includes industrials, financials, information technology, materials, healthcare, consumer discretionary, energy, consumer staples, real estate and telecommunication services.

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

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