Guggenheim Capital LLC Has $7.07 Million Stock Position in Royce Value Trust Inc. (NYSE:RVT)

Guggenheim Capital LLC boosted its position in shares of Royce Value Trust Inc. (NYSE:RVT) by 0.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 447,259 shares of the financial services provider’s stock after purchasing an additional 3,472 shares during the period. Guggenheim Capital LLC’s holdings in Royce Value Trust were worth $7,067,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in shares of Royce Value Trust in the fourth quarter valued at approximately $48,539,000. Wells Fargo & Company MN increased its holdings in Royce Value Trust by 23.3% during the 4th quarter. Wells Fargo & Company MN now owns 1,673,671 shares of the financial services provider’s stock valued at $26,444,000 after purchasing an additional 315,880 shares in the last quarter. LPL Financial LLC raised its position in Royce Value Trust by 37.5% in the 4th quarter. LPL Financial LLC now owns 1,260,113 shares of the financial services provider’s stock valued at $19,910,000 after purchasing an additional 343,597 shares during the last quarter. Modern Wealth Management LLC acquired a new position in Royce Value Trust in the fourth quarter worth $8,718,000. Finally, Janney Montgomery Scott LLC grew its holdings in shares of Royce Value Trust by 2.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider’s stock worth $6,949,000 after purchasing an additional 11,777 shares during the last quarter. 25.57% of the stock is currently owned by institutional investors and hedge funds.

Royce Value Trust Stock Up 2.0 %

Royce Value Trust stock opened at $13.43 on Friday. The stock has a 50-day simple moving average of $14.53 and a 200 day simple moving average of $15.50. Royce Value Trust Inc. has a 12-month low of $12.12 and a 12-month 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 given a dividend of $0.30 per share. The ex-dividend date was Thursday, March 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.94%.

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.