19,563 Shares in Royce Value Trust Inc. (NYSE:RVT) Bought by Sierra Ocean LLC

Sierra Ocean LLC purchased a new stake in Royce Value Trust Inc. (NYSE:RVT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,563 shares of the financial services provider’s stock, valued at approximately $309,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of RVT. Nations Financial Group Inc. IA ADV grew its holdings in shares of Royce Value Trust by 5.2% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 49,497 shares of the financial services provider’s stock valued at $782,000 after buying an additional 2,427 shares during the last quarter. Focused Wealth Management Inc lifted its position in Royce Value Trust by 13.4% in the 4th quarter. Focused Wealth Management Inc now owns 60,861 shares of the financial services provider’s stock valued at $962,000 after acquiring an additional 7,187 shares in the last quarter. Apollon Wealth Management LLC boosted its stake in Royce Value Trust by 191.6% during the 4th quarter. Apollon Wealth Management LLC now owns 40,466 shares of the financial services provider’s stock valued at $639,000 after purchasing an additional 26,588 shares during the last quarter. Mezzasalma Advisors LLC bought a new stake in Royce Value Trust during the 4th quarter worth approximately $379,000. Finally, Beacon Financial Advisory LLC raised its stake in shares of Royce Value Trust by 23.0% in the fourth quarter. Beacon Financial Advisory LLC now owns 16,397 shares of the financial services provider’s stock worth $259,000 after purchasing an additional 3,069 shares during the last quarter. Institutional investors own 25.57% of the company’s stock.

Royce Value Trust Price Performance

Shares of Royce Value Trust stock opened at $16.18 on Monday. Royce Value Trust Inc. has a 52 week low of $13.78 and a 52 week high of $16.93. The business has a 50 day moving average price of $16.05 and a 200-day moving average price of $15.75.

Royce Value Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Thursday, December 12th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 10.88%. The ex-dividend date was Thursday, December 12th.

Royce Value Trust Company 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.