Flagship Harbor Advisors LLC Acquires Shares of 7,928 Royce Value Trust Inc (RVT)

Flagship Harbor Advisors LLC acquired a new stake in Royce Value Trust Inc (NYSE:RVT) in the 2nd quarter, HoldingsChannel reports. The fund acquired 7,928 shares of the financial services provider’s stock, valued at approximately $125,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Morgan Stanley lifted its holdings in Royce Value Trust by 0.3% during the 2nd quarter. Morgan Stanley now owns 4,325,758 shares of the financial services provider’s stock valued at $68,348,000 after purchasing an additional 14,960 shares during the last quarter. Raymond James & Associates lifted its holdings in Royce Value Trust by 13.8% during the 2nd quarter. Raymond James & Associates now owns 1,151,732 shares of the financial services provider’s stock valued at $18,197,000 after purchasing an additional 139,745 shares during the last quarter. UBS Group AG lifted its holdings in Royce Value Trust by 5.0% during the 1st quarter. UBS Group AG now owns 803,887 shares of the financial services provider’s stock valued at $12,509,000 after purchasing an additional 38,321 shares during the last quarter. Guggenheim Capital LLC lifted its holdings in Royce Value Trust by 9.6% during the 1st quarter. Guggenheim Capital LLC now owns 408,228 shares of the financial services provider’s stock valued at $6,353,000 after purchasing an additional 35,734 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in Royce Value Trust by 46.5% during the 1st quarter. Stifel Financial Corp now owns 363,513 shares of the financial services provider’s stock valued at $5,676,000 after purchasing an additional 115,324 shares during the last quarter. 19.63% of the stock is owned by institutional investors.

In other Royce Value Trust news, CEO Christopher D. Clark purchased 5,390 shares of the business’s stock in a transaction on Monday, July 9th. The stock was acquired at an average price of $15.33 per share, with a total value of $82,628.70. Following the acquisition, the chief executive officer now directly owns 9,358 shares of the company’s stock, valued at approximately $143,458.14. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Peter K. Hoglund purchased 2,421 shares of the business’s stock in a transaction on Monday, July 9th. The shares were acquired at an average cost of $15.33 per share, with a total value of $37,113.93. The disclosure for this purchase can be found here. Insiders have acquired a total of 13,628 shares of company stock valued at $208,917 in the last ninety days. Insiders own 0.44% of the company’s stock.

Shares of Royce Value Trust stock opened at $16.49 on Monday. Royce Value Trust Inc has a 1 year low of $14.71 and a 1 year high of $17.18.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 26th. Shareholders of record on Friday, September 14th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 7.28%. The ex-dividend date is Thursday, September 13th.

Royce Value Trust Profile

There is no company description available for Royce Value Trust.

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

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