Northwestern Mutual Wealth Management Co. increased its position in shares of Royce Value Trust, Inc. (NYSE:RVT) by 3.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 146,056 shares of the financial services provider’s stock after purchasing an additional 4,689 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Royce Value Trust were worth $2,131,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of RVT. CLS Investments LLC raised its holdings in Royce Value Trust by 53.8% during the second quarter. CLS Investments LLC now owns 299,492 shares of the financial services provider’s stock worth $4,370,000 after purchasing an additional 104,777 shares during the last quarter. Wells Fargo & Company MN raised its holdings in Royce Value Trust by 8.0% during the second quarter. Wells Fargo & Company MN now owns 1,227,229 shares of the financial services provider’s stock worth $17,905,000 after purchasing an additional 90,850 shares during the last quarter. First Trust Advisors LP raised its holdings in Royce Value Trust by 12.8% during the second quarter. First Trust Advisors LP now owns 197,369 shares of the financial services provider’s stock worth $2,880,000 after purchasing an additional 22,434 shares during the last quarter. SG Americas Securities LLC acquired a new position in Royce Value Trust during the second quarter worth $268,000. Finally, HL Financial Services LLC raised its holdings in 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 worth $457,000 after purchasing an additional 15,506 shares during the last quarter. 23.38% of the stock is owned by hedge funds and other institutional investors.

Shares of Royce Value Trust, Inc. (NYSE:RVT) traded up 0.54% during trading on Monday, reaching $14.91. The company had a trading volume of 29,120 shares. The stock’s 50-day moving average price is $14.64 and its 200-day moving average price is $14.43. Royce Value Trust, Inc. has a 12 month low of $11.66 and a 12 month high of $15.21.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 26th. Shareholders of record on Wednesday, September 13th will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 7.55%. This is an increase from Royce Value Trust’s previous quarterly dividend of $0.27. The ex-dividend date is Friday, September 8th.

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About Royce Value Trust

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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