69,950 Shares in Royce Small-Cap Trust, Inc. $RVT Bought by Comprehensive Money Management Services LLC

Comprehensive Money Management Services LLC purchased a new position in shares of Royce Small-Cap Trust, Inc. (NYSE:RVT) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 69,950 shares of the financial services provider’s stock, valued at approximately $1,292,000. Royce Small-Cap Trust makes up approximately 0.8% of Comprehensive Money Management Services LLC’s portfolio, making the stock its 26th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Wedbush Securities Inc. lifted its holdings in shares of Royce Small-Cap Trust by 2.4% during the 4th quarter. Wedbush Securities Inc. now owns 24,921 shares of the financial services provider’s stock worth $401,000 after acquiring an additional 574 shares during the period. Carson Advisory Inc. boosted its position in shares of Royce Small-Cap Trust by 3.4% during the 4th quarter. Carson Advisory Inc. now owns 17,768 shares of the financial services provider’s stock valued at $286,000 after acquiring an additional 576 shares in the last quarter. Kestra Advisory Services LLC increased its stake in Royce Small-Cap Trust by 2.5% in the fourth quarter. Kestra Advisory Services LLC now owns 25,573 shares of the financial services provider’s stock valued at $412,000 after acquiring an additional 630 shares during the period. Moors & Cabot Inc. increased its stake in Royce Small-Cap Trust by 2.8% in the third quarter. Moors & Cabot Inc. now owns 24,501 shares of the financial services provider’s stock valued at $395,000 after acquiring an additional 660 shares during the period. Finally, PMG Family Office LLC raised its position in Royce Small-Cap Trust by 2.1% in the first quarter. PMG Family Office LLC now owns 32,513 shares of the financial services provider’s stock worth $540,000 after purchasing an additional 662 shares in the last quarter. Institutional investors own 25.57% of the company’s stock.

Royce Small-Cap Trust Stock Up 0.3%

NYSE RVT opened at $18.81 on Friday. The stock’s 50 day moving average is $18.37 and its two-hundred day moving average is $18.02. Royce Small-Cap Trust, Inc. has a 1-year low of $14.97 and a 1-year high of $19.12.

Royce Small-Cap Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 11th were given a dividend of $0.31 per share. This is a boost from Royce Small-Cap Trust’s previous quarterly dividend of $0.30. The ex-dividend date was Thursday, June 11th. This represents a $1.24 annualized dividend and a dividend yield of 6.6%.

Royce Small-Cap Trust Profile

Royce Small-Cap Trust (NYSE:RVT) is a closed-end management investment company that seeks to provide investors with long-term capital appreciation by investing primarily in the common stocks of small-capitalization companies. The trust is structured to trade on the New York Stock Exchange, offering shares that represent an undivided interest in a diversified portfolio of U.S. small-cap equities. As a closed-end vehicle, the fund may employ leverage to enhance returns and reinvest dividends to support growth over time.

The trust’s investment strategy is driven by fundamental, bottom-up research, focusing on companies with market capitalizations typically falling within the small-cap spectrum.