Level Four Advisory Services LLC Purchases 1,771 Shares of Royce Value Trust Inc. (NYSE:RVT)

Level Four Advisory Services LLC boosted its position in Royce Value Trust Inc. (NYSE:RVT) by 9.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 20,026 shares of the financial services provider’s stock after buying an additional 1,771 shares during the period. Level Four Advisory Services LLC’s holdings in Royce Value Trust were worth $316,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RVT. DAVENPORT & Co LLC bought a new stake in shares of Royce Value Trust in the fourth quarter valued at about $165,000. GWN Securities Inc. bought a new stake in Royce Value Trust in the 4th quarter valued at about $187,000. EP Wealth Advisors LLC bought a new stake in Royce Value Trust in the 3rd quarter valued at about $188,000. Atria Wealth Solutions Inc. grew its position in shares of Royce Value Trust by 18.4% during the 4th quarter. Atria Wealth Solutions Inc. now owns 12,230 shares of the financial services provider’s stock worth $193,000 after purchasing an additional 1,903 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Royce Value Trust by 27.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 12,688 shares of the financial services provider’s stock worth $200,000 after purchasing an additional 2,719 shares during the period. 25.57% of the stock is owned by institutional investors and hedge funds.

Royce Value Trust Trading Up 0.1 %

Shares of RVT stock opened at $14.27 on Tuesday. The stock has a 50 day simple moving average of $15.43 and a 200 day simple moving average of $15.72. Royce Value Trust Inc. has a 1 year low of $13.78 and a 1 year high of $16.93.

Royce Value Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 8.41%. The ex-dividend date was Thursday, March 13th.

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.