Heritage Wealth Management Inc. Raises Stock Holdings in Royce Value Trust Inc. (NYSE:RVT)

Heritage Wealth Management Inc. increased its position in Royce Value Trust Inc. (NYSE:RVT) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,668 shares of the financial services provider’s stock after purchasing an additional 1,296 shares during the period. Heritage Wealth Management Inc.’s holdings in Royce Value Trust were worth $737,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RVT. Creative Planning grew its stake in Royce Value Trust by 7.7% in the third quarter. Creative Planning now owns 11,791 shares of the financial services provider’s stock worth $185,000 after purchasing an additional 842 shares during the period. Whitener Capital Management Inc. boosted its holdings in Royce Value Trust by 5.4% in the third quarter. Whitener Capital Management Inc. now owns 46,762 shares of the financial services provider’s stock worth $734,000 after acquiring an additional 2,387 shares in the last quarter. Focused Wealth Management Inc boosted its holdings in Royce Value Trust by 1.6% in the third quarter. Focused Wealth Management Inc now owns 53,674 shares of the financial services provider’s stock worth $843,000 after acquiring an additional 827 shares in the last quarter. Beacon Financial Advisory LLC boosted its holdings in Royce Value Trust by 5.8% in the third quarter. Beacon Financial Advisory LLC now owns 13,328 shares of the financial services provider’s stock worth $209,000 after acquiring an additional 734 shares in the last quarter. Finally, Atria Investments Inc boosted its holdings in Royce Value Trust by 2.4% in the third quarter. Atria Investments Inc now owns 95,600 shares of the financial services provider’s stock worth $1,501,000 after acquiring an additional 2,246 shares in the last quarter. 25.57% of the stock is owned by hedge funds and other institutional investors.

Royce Value Trust Price Performance

Royce Value Trust stock opened at $15.22 on Friday. The business’s fifty day simple moving average is $15.98 and its two-hundred day simple moving average is $15.80. Royce Value Trust Inc. has a 12 month low of $13.78 and a 12 month high of $16.93.

Royce Value Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Thursday, December 12th were issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 11.56%. The ex-dividend date of this dividend was Thursday, December 12th.

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.