Royce Value Trust Inc. (NYSE:RVT) Shares Purchased by Whitener Capital Management Inc.

Whitener Capital Management Inc. increased its position in shares of Royce Value Trust Inc. (NYSE:RVT) by 5.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,762 shares of the financial services provider’s stock after acquiring an additional 2,387 shares during the period. Whitener Capital Management Inc.’s holdings in Royce Value Trust were worth $734,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Raymond James & Associates lifted its stake in Royce Value Trust by 5.5% during the 3rd quarter. Raymond James & Associates now owns 1,502,749 shares of the financial services provider’s stock worth $23,593,000 after acquiring an additional 78,601 shares in the last quarter. Cornerstone Advisors LLC lifted its stake in Royce Value Trust by 62.0% during the 2nd quarter. Cornerstone Advisors LLC now owns 734,489 shares of the financial services provider’s stock worth $10,628,000 after acquiring an additional 281,199 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Royce Value Trust by 9.7% during the 1st quarter. Advisors Asset Management Inc. now owns 667,661 shares of the financial services provider’s stock worth $10,128,000 after acquiring an additional 59,308 shares in the last quarter. Blue Bell Private Wealth Management LLC lifted its stake in Royce Value Trust by 13.3% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 460,923 shares of the financial services provider’s stock worth $6,670,000 after acquiring an additional 54,097 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in Royce Value Trust by 2.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 431,555 shares of the financial services provider’s stock worth $6,547,000 after acquiring an additional 8,578 shares in the last quarter. Institutional investors and hedge funds own 25.57% of the company’s stock.

Royce Value Trust Stock Performance

Shares of NYSE RVT opened at $15.17 on Friday. The stock’s 50-day moving average is $15.39 and its two-hundred day moving average is $15.00. Royce Value Trust Inc. has a 1-year low of $12.22 and a 1-year high of $16.16.

Royce Value Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Friday, September 13th were issued a dividend of $0.28 per share. The ex-dividend date was Friday, September 13th. This represents a $1.12 annualized dividend and a yield of 7.38%.

Insiders Place Their Bets

In related news, President Christopher D. Clark purchased 3,400 shares of the business’s stock in a transaction on Friday, August 16th. The shares were bought at an average price of $15.20 per share, for a total transaction of $51,680.00. Following the acquisition, the president now directly owns 36,057 shares in the company, valued at $548,066.40. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.06% of the stock is owned by company insiders.

About Royce Value Trust

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.