Crow Point Partners LLC bought a new stake in Royce Value Trust Inc (NYSE:RVT) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 68,564 shares of the financial services provider’s stock, valued at approximately $1,103,000.

Several other large investors have also made changes to their positions in RVT. Wells Fargo & Company MN raised its holdings in Royce Value Trust by 54.2% during the third quarter. Wells Fargo & Company MN now owns 1,892,927 shares of the financial services provider’s stock worth $29,889,000 after purchasing an additional 665,698 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in Royce Value Trust by 15.7% during the third quarter. Advisors Asset Management Inc. now owns 1,270,793 shares of the financial services provider’s stock worth $20,066,000 after purchasing an additional 171,993 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Royce Value Trust by 14.8% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 676,410 shares of the financial services provider’s stock worth $10,680,000 after purchasing an additional 87,247 shares in the last quarter. Stifel Financial Corp raised its holdings in Royce Value Trust by 19.4% during the second quarter. Stifel Financial Corp now owns 260,510 shares of the financial services provider’s stock worth $3,783,000 after purchasing an additional 42,417 shares in the last quarter. Finally, Spectrum Management Group Inc. purchased a new position in Royce Value Trust during the third quarter worth about $597,000. 22.30% of the stock is owned by institutional investors and hedge funds.

Royce Value Trust Inc (NYSE:RVT) traded up $0.13 during midday trading on Wednesday, reaching $16.65. 328,400 shares of the company traded hands, compared to its average volume of 272,350. Royce Value Trust Inc has a 52-week low of $13.40 and a 52-week high of $16.65.

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 27th. Investors of record on Wednesday, December 13th were issued a dividend of $0.35 per share. This is a boost from Royce Value Trust’s previous quarterly dividend of $0.28. This represents a $1.40 annualized dividend and a yield of 8.41%. The ex-dividend date was Tuesday, December 12th.

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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.

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

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