RB Capital Management LLC Sells 1,525 Shares of Royce Value Trust Inc. (NYSE:RVT)

RB Capital Management LLC reduced its holdings in Royce Value Trust Inc. (NYSE:RVT) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 160,230 shares of the financial services provider’s stock after selling 1,525 shares during the quarter. RB Capital Management LLC owned about 0.14% of Royce Value Trust worth $2,333,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Great Valley Advisor Group Inc. acquired a new position in shares of Royce Value Trust during the 3rd quarter valued at $130,000. Allworth Financial LP bought a new position in shares of Royce Value Trust in the fourth quarter valued at $153,000. CTC Alternative Strategies Ltd. bought a new stake in Royce Value Trust during the 4th quarter worth approximately $157,000. TIAA Trust National Association bought a new stake in Royce Value Trust during the third quarter worth $162,000. Finally, AE Wealth Management LLC bought a new stake in shares of Royce Value Trust in the 3rd quarter worth $187,000. 25.57% of the stock is owned by institutional investors and hedge funds.

Royce Value Trust Trading Up 0.1 %

NYSE:RVT traded up $0.02 on Wednesday, hitting $14.13. The stock had a trading volume of 292,084 shares, compared to its average volume of 235,492. The firm’s fifty day simple moving average is $14.51 and its two-hundred day simple moving average is $13.93. Royce Value Trust Inc. has a 1 year low of $11.85 and a 1 year high of $15.24.

Royce Value Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Monday, March 11th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 7.64%. The ex-dividend date was Friday, March 8th.

Insider Transactions at Royce Value Trust

In related news, VP Francis D. Gannon acquired 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The stock was acquired at an average price of $14.76 per share, for a total transaction of $29,520.00. Following the completion of the acquisition, the vice president now owns 2,000 shares of the company’s stock, valued at approximately $29,520. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, VP Francis D. Gannon acquired 2,000 shares of Royce Value Trust stock in a transaction on Thursday, March 21st. The stock was acquired at an average cost of $14.76 per share, with a total value of $29,520.00. Following the completion of the acquisition, the vice president now owns 2,000 shares in the company, valued at $29,520. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, President Christopher D. Clark bought 3,300 shares of the stock in a transaction on Thursday, March 21st. The stock was purchased at an average price of $14.76 per share, for a total transaction of $48,708.00. Following the completion of the purchase, the president now owns 31,489 shares of the company’s stock, valued at $464,777.64. The disclosure for this purchase can be found here. Company insiders own 0.06% of the company’s stock.

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.