Royce Value Trust, Inc. (NYSE:RVT) Stake Lessened by Thomas J. Herzfeld Advisors Inc.

Thomas J. Herzfeld Advisors Inc. cut its position in shares of Royce Value Trust, Inc. (NYSE:RVT) by 56.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 66,238 shares of the financial services provider’s stock after selling 86,493 shares during the period. Thomas J. Herzfeld Advisors Inc. owned about 0.08% of Royce Value Trust worth $1,071,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ladenburg Thalmann Financial Services Inc. boosted its stake in Royce Value Trust by 10.8% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 39,569 shares of the financial services provider’s stock worth $640,000 after purchasing an additional 3,845 shares in the last quarter. Private Advisor Group LLC boosted its stake in Royce Value Trust by 31.7% in the third quarter. Private Advisor Group LLC now owns 18,185 shares of the financial services provider’s stock worth $289,000 after purchasing an additional 4,379 shares in the last quarter. Mraz Amerine & Associates Inc. boosted its stake in Royce Value Trust by 6.2% in the fourth quarter. Mraz Amerine & Associates Inc. now owns 76,872 shares of the financial services provider’s stock worth $1,243,000 after purchasing an additional 4,483 shares in the last quarter. Baird Financial Group Inc. lifted its stake in shares of Royce Value Trust by 4.1% during the fourth quarter. Baird Financial Group Inc. now owns 155,265 shares of the financial services provider’s stock valued at $2,511,000 after acquiring an additional 6,097 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of Royce Value Trust by 6.5% during the fourth quarter. LPL Financial LLC now owns 102,230 shares of the financial services provider’s stock valued at $1,653,000 after acquiring an additional 6,274 shares during the period. Institutional investors and hedge funds own 22.22% of the company’s stock.

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NYSE RVT traded down $0.39 on Friday, reaching $15.44. The company had a trading volume of 378,322 shares, compared to its average volume of 289,410. Royce Value Trust, Inc. has a 52 week low of $13.92 and a 52 week high of $17.18.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 23rd. Investors of record on Monday, March 12th were issued a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, March 9th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.51%.

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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.

Institutional Ownership by Quarter for Royce Value Trust (NYSE:RVT)

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