73,461 Shares in Royce Small-Cap Trust, Inc. $RVT Purchased by Focused Wealth Management Inc

Focused Wealth Management Inc acquired a new position in shares of Royce Small-Cap Trust, Inc. (NYSE:RVTFree Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 73,461 shares of the financial services provider’s stock, valued at approximately $1,357,000. Focused Wealth Management Inc owned approximately 0.06% of Royce Small-Cap Trust at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE boosted its position in Royce Small-Cap Trust by 1.9% during the first quarter. Bank of America Corp DE now owns 5,836,337 shares of the financial services provider’s stock worth $96,883,000 after acquiring an additional 108,629 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in Royce Small-Cap Trust by 45.1% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 177,676 shares of the financial services provider’s stock valued at $3,282,000 after buying an additional 55,191 shares during the last quarter. Altium Capital Management LLC acquired a new position in Royce Small-Cap Trust during the fourth quarter worth $3,099,000. Fifth Third Bancorp acquired a new position in Royce Small-Cap Trust in the 1st quarter valued at about $1,182,000. Finally, Cetera Investment Advisers lifted its holdings in Royce Small-Cap Trust by 126.5% during the 1st quarter. Cetera Investment Advisers now owns 294,684 shares of the financial services provider’s stock worth $4,892,000 after buying an additional 164,578 shares in the last quarter. Institutional investors and hedge funds own 25.57% of the company’s stock.

Royce Small-Cap Trust Trading Up 0.2%

NYSE:RVT opened at $19.02 on Tuesday. Royce Small-Cap Trust, Inc. has a 12-month low of $14.97 and a 12-month high of $19.05. The stock has a fifty day moving average price of $18.23 and a 200 day moving average price of $17.95.

Royce Small-Cap Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 11th were given a $0.31 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.5%. This is a boost from Royce Small-Cap Trust’s previous quarterly dividend of $0.30.

Royce Small-Cap Trust Company Profile

(Free Report)

Royce Small-Cap Trust (NYSE:RVT) is a closed-end management investment company that seeks to provide investors with long-term capital appreciation by investing primarily in the common stocks of small-capitalization companies. The trust is structured to trade on the New York Stock Exchange, offering shares that represent an undivided interest in a diversified portfolio of U.S. small-cap equities. As a closed-end vehicle, the fund may employ leverage to enhance returns and reinvest dividends to support growth over time.

The trust’s investment strategy is driven by fundamental, bottom-up research, focusing on companies with market capitalizations typically falling within the small-cap spectrum.

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Institutional Ownership by Quarter for Royce Small-Cap Trust (NYSE:RVT)

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