Uncommon Cents Investing LLC Buys 1,973 Shares of Royce Value Trust Inc. (NYSE:RVT)

Uncommon Cents Investing LLC raised its holdings in Royce Value Trust Inc. (NYSE:RVTGet Rating) by 8.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 24,986 shares of the financial services provider’s stock after buying an additional 1,973 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Royce Value Trust were worth $349,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RVT. Bank of America Corp DE grew its holdings in Royce Value Trust by 4.7% in the first quarter. Bank of America Corp DE now owns 3,978,692 shares of the financial services provider’s stock valued at $67,598,000 after purchasing an additional 178,844 shares during the period. Raymond James & Associates raised its position in Royce Value Trust by 8.5% in the first quarter. Raymond James & Associates now owns 1,719,390 shares of the financial services provider’s stock valued at $29,212,000 after purchasing an additional 135,102 shares during the period. UBS Group AG raised its holdings in shares of Royce Value Trust by 5.0% in the 1st quarter. UBS Group AG now owns 1,659,989 shares of the financial services provider’s stock valued at $28,203,000 after buying an additional 78,783 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Royce Value Trust by 1.4% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 1,503,093 shares of the financial services provider’s stock valued at $25,537,000 after buying an additional 21,042 shares during the period. Finally, Royal Bank of Canada raised its holdings in shares of Royce Value Trust by 7.9% in the 1st quarter. Royal Bank of Canada now owns 965,909 shares of the financial services provider’s stock valued at $16,411,000 after buying an additional 70,907 shares during the period. 24.96% of the stock is currently owned by hedge funds and other institutional investors.

Royce Value Trust Trading Down 3.8 %

RVT traded down $0.51 on Friday, hitting $12.77. 34,158 shares of the company were exchanged, compared to its average volume of 205,703. Royce Value Trust Inc. has a twelve month low of $13.25 and a twelve month high of $20.00. The firm has a 50-day moving average price of $15.21 and a two-hundred day moving average price of $15.39.

Royce Value Trust Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 23rd. Investors of record on Monday, September 12th will be given a $0.32 dividend. The ex-dividend date is Friday, September 9th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 10.02%.

About Royce Value Trust

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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.

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

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