Alexander Randolph Advisory Inc. Takes $414,000 Position in Royce Value Trust Inc. (NYSE:RVT)

Alexander Randolph Advisory Inc. acquired a new stake in shares of Royce Value Trust Inc. (NYSE:RVT) during the fourth quarter, HoldingsChannel reports. The firm acquired 28,443 shares of the financial services provider’s stock, valued at approximately $414,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC grew its position in Royce Value Trust by 39.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 423,062 shares of the financial services provider’s stock valued at $6,160,000 after acquiring an additional 120,150 shares during the period. International Assets Investment Management LLC grew its position in Royce Value Trust by 1,519.3% in the fourth quarter. International Assets Investment Management LLC now owns 312,923 shares of the financial services provider’s stock valued at $4,556,000 after acquiring an additional 293,599 shares during the period. UBS Group AG grew its position in Royce Value Trust by 13.4% in the third quarter. UBS Group AG now owns 923,696 shares of the financial services provider’s stock valued at $11,888,000 after acquiring an additional 108,967 shares during the period. HighTower Advisors LLC grew its position in Royce Value Trust by 1.3% in the third quarter. HighTower Advisors LLC now owns 141,654 shares of the financial services provider’s stock valued at $1,822,000 after acquiring an additional 1,761 shares during the period. Finally, Advisor Resource Council bought a new stake in Royce Value Trust in the fourth quarter valued at $379,000. 25.57% of the stock is currently owned by institutional investors.

Royce Value Trust Stock Performance

NYSE:RVT traded up $0.14 during trading hours on Friday, reaching $14.29. The company had a trading volume of 125,659 shares, compared to its average volume of 201,778. The stock has a 50-day moving average of $14.52 and a two-hundred day moving average of $13.90. Royce Value Trust Inc. has a one year low of $11.85 and a one year high of $15.24.

Royce Value Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Monday, March 11th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 7.56%. The ex-dividend date was Friday, March 8th.

Insider Buying and Selling at Royce Value Trust

In other Royce Value Trust news, President Christopher D. Clark acquired 3,300 shares of Royce Value Trust stock in a transaction on Thursday, March 21st. The shares were bought at an average price of $14.76 per share, with a total value of $48,708.00. Following the completion of the purchase, the president now owns 31,489 shares in the company, valued at $464,777.64. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Royce Value Trust news, VP Francis D. Gannon acquired 2,000 shares of Royce Value Trust stock in a transaction on Thursday, March 21st. The shares were bought at an average price of $14.76 per share, with a total value of $29,520.00. Following the completion of the purchase, the vice president now owns 2,000 shares in the company, valued at $29,520. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, President Christopher D. Clark acquired 3,300 shares of Royce Value Trust stock in a transaction on Thursday, March 21st. The stock was acquired at an average cost of $14.76 per share, for a total transaction of $48,708.00. Following the purchase, the president now owns 31,489 shares of the company’s stock, valued at approximately $464,777.64. The disclosure for this purchase can be found here. Company insiders own 0.06% of the company’s stock.

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.